Issue of Equity

RNS Number : 8883Y

Scottish American Investment Co PLC

20 May 2016

 

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 20 May 2016.  Following the allotment there are 133,260,943 Ordinary Shares in issue.  These shares were issued for cash on 20 May 2016 at a price of 273.00p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

20 May 2016

 

END

 

 

IOESEIFFSFMSEEI