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Issue of Equity

RNS Announcement

RNS Number : 6810M

Scottish American Investment Co PLC

12 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 150,000 new Ordinary Shares of 25p each fully paid on 12 May 2020. Following the allotment there are 149,885,943 Ordinary Shares in issue. These shares were issued for cash on 12 May 2020 at a price of 388.0p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

12 May 2020

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

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RNS metadata

Title: Issue of Equity
Time: 15:43:57
Date: 12 May 2020
Category: Capital structure
ID: 6810M