Issue of Equity

RNS Number : 8839R

Scottish American Investment Co PLC

26 September 2017

 

The Scottish American Investment Company P.L.C.

Legal Entity Identifier: 549300NF03XVC5IFB447

The following amendment has been made to the 'Issue of Equity' announcement released on 26 September 2017 at 15:39 under RNS No 8794R.

The announcement showed the incorrect price for the Issuance.  The price should have been 354.75p and not 347.80p.

All other details remain unchanged.

The full amended text is shown below.

Owing to demand in the market, the Company announces the allotment of 250,000 new Ordinary Shares of 25p each fully paid on 26 September 2017.  Following the allotment there are 135,075,943 Ordinary Shares in issue.  These shares were issued for cash on 26 September 2017 at a price of 354.75p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

26 September 2017

Regulated Information Classification: Acquisition or disposal of the issuer's own shares

 

END

 

 

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