Loading...

/News/RNS

Issue of Equity

RNS Announcement

RNS Number : 1247V

Scottish American Investment Co PLC

04 August 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 300,000 new Ordinary Shares of 25p each fully paid on 4 August 2020. Following the allotment there are 155,305,943 Ordinary Shares in issue. These shares were issued for cash on 4 August 2020 at a price of 423.75p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

4 August 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 [email protected] or visit www.rns.com.

END

IOESSMFLLESSELA

RNS metadata

Title: Issue of Equity
Time: 15:49:16
Date: 4 Aug 2020
Category: Capital structure
ID: 1247V