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Issue of Equity

26 May 2020 15:47

RNS Number : 9717N
Scottish American Investment Co PLC
26 May 2020
 

The Scottish American Investment Company P.L.C.

Legal Entity Identifier: 549300NF03XVC5IFB447

 

 

Owing to demand in the market, the Company announces the allotment of 140,000 new Ordinary Shares of 25p each fully paid on 26 May 2020. Following the allotment there are 150,580,943 Ordinary Shares in issue. These shares were issued for cash on 26 May 2020 at a price of 404.50p per share and at a premium to the prevailing net asset value.

 

Baillie Gifford & Co Limited

Company Secretaries

26 May 2020

 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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