Issue of Equity

RNS Number : 9379J

Scottish American Investment Co PLC

22 December 2015

 

The Scottish American Investment Company P.L.C.

Owing to demand in the market, the Company announces the allotment of 100,000 new Ordinary Shares of 25p each fully paid on 22 December 2015.  Following the allotment there are 133,160,943 Ordinary Shares in issue.  These shares were issued for cash on 22 December 2015 at a price of 259.0p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

22 December 2015

 

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