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Issue of Equity

RNS Announcement

RNS Number : 8665A

Scottish American Investment Co PLC

01 October 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 1 October 2020. Following the allotment there are 157,385,943 Ordinary Shares in issue. These shares were issued for cash on 1 October 2020 at a price of 437.50p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

1 October 2020

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

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RNS metadata

Title: Issue of Equity
Time: 16:17:23
Date: 1 Oct 2020
Category: Capital structure
ID: 8665A