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Scottish IT repurchases shares from Friends Life

By BFN News | 02:12 PM | Wednesday 08 March, 2017


Scottish Investment Trust has confirmed that the Company repurchased, for cancellation, 11,402,090 Ordinary Shares in the Company from Friends Life (the "Aviva Shares"). The repurchase was undertaken at a price of 786.06p per Ordinary Share, representing a 10.75% discount to the Company's Net Asset Value per Ordinary Share as at close of business on 7 March 2017. At 2:12pm: (LON:SCIN) Scottish Investment Trust Plc the share price was -2p at 804.5p Story provided by StockMarketWire.com

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