LONDON (Alliance News) - The Scottish American Investment Co on Monday released amended figures for its 2016 results, having last week released results which contained "elements of draft text and draft figures".
Scottish American, which is managed by Edinburgh-based fund manager Baillie Gifford, said its net asset value total return for the year ended December 31 was 28.8%, having last Thursday said it was 29.9%, and net asset value per share was 309.20 pence, not 309.30p as previously reported.
The group's total net assets rose to GBP431.5 million, from GBP348.5 million in 2015, Scottish American said. A week earlier, the 2016 figure had been reported as GBP431.6 million.
Earnings per share for 2016 were 10.46p, rather than 10.54p, the group added.
Shares in Scottish American closed flat at 327.75p on Monday.
By Hannah Boland; hannahboland@alliancenews.com; @Hannaheboland
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