Issue of Equity

RNS Number : 2229Q

Scottish Mortgage Inv Tst PLC

25 November 2016

 

Scottish Mortgage Investment Trust PLC

Allotment of Shares from Treasury

On 25 November 2016, owing to demand in the market, the Company announces the issuance of 650,000 Ordinary Shares of 5p each fully paid from Treasury.  Following the issuance there will be 1,317,919,485 Ordinary Shares in issue (excluding the remaining 103,811,395 shares held in Treasury).  These shares were issued for cash on 25 November 2016 at a price of 317.1p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

25 November 2016

 

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