Issue of Equity | RNS | Ticker

Issue of Equity

RNS Announcement

RNS Number : 6945C

Scottish American Investment Co PLC

20 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 250,000 new Ordinary Shares of 25p each fully paid on 20 October 2020. Following the allotment there are 158,605,943 Ordinary Shares in issue. These shares were issued for cash on 20 October 2020 at a price of 444.00p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

20 October 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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEFEFFISESSELS

RNS metadata

Title: Issue of Equity
Time: 16:42:54
Date: 20 Oct 2020
Category: Capital structure
ID: 6945C