28 May 2020 16:28
RNS Number : 2708O
Scottish American Investment Co PLC
28 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 100,000 new Ordinary Shares of 25p each fully paid on 28 May 2020. Following the allotment there are 150,930,943 Ordinary Shares in issue. These shares were issued for cash on 28 May 2020 at a price of 413.0p per share and at a premium to the prevailing net asset value.
Baillie Gifford & Co Limited
Company Secretaries
28 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.
Scot.amer.inv. (SAIN)