TIDMSCAM

RNS Number : 1461X

Scottish American Investment Co PLC

21 November 2017

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 21 November 2017. Following the allotment there are 135,875,943 Ordinary Shares in issue. These shares were issued for cash on 21 November 2017 at a price of 368.0p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

21 November 2017

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 21, 2017 10:49 ET (15:49 GMT)

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