Issue of Equity

RNS Number : 2955Z
Scottish Oriental Smlr Co Tst PLC
05 March 2013
 



 

 

The Scottish Oriental Smaller Companies Trust PLC

 

To:                   RNS

From:              The Scottish Oriental Smaller Companies Trust PLC

Date:               5 March 2013

 

 

ISSUE OF EQUITY

 

The Scottish Oriental Smaller Companies Trust PLC (the "Company") announces that it has allotted and issued, conditional only on admission to listing on the UKLA's Official List and to trading on the London Stock Exchange, a further 310,000 Ordinary shares of £0.25 each, which rank pari passu with the existing shares in issue.  The Ordinary shares have been issued at a price of £8.90 per share, being a premium to the net asset value and have been issued to satisfy demand for the Ordinary shares in the market.  It is expected that the new shares will be admitted to listing and to trading at 8.00 a.m. on 11 March 2013. Following this issue, the Company will have 31,643,650 Ordinary shares in issue.

 

 

 

Steven Davidson

Company Secretary

 

Enquiries: 0131 538 6603

 


This information is provided by RNS
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