Issue of Equity

RNS Number : 1217R
Scottish Mortgage Inv Tst PLC
06 December 2016
 

Scottish Mortgage Investment Trust PLC

Allotment of Shares from Treasury

On 6 December 2016, owing to demand in the market, the Company announces the issuance of 1,800,000 Ordinary Shares of 5p each fully paid from Treasury.  Following the issuance there will be 1,321,919,485 Ordinary Shares in issue (excluding the remaining 99,811,395 shares held in Treasury).  These shares were issued for cash on 6 December 2016 at a price of 306.5p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

6 December 2016


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