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Scottish Mortgage Investment Issues 500,000 Shares At 262.0p (ALLISS)

12th May 2015 15:27

LONDON (Alliance News) - Scottish Mortgage Investment Trust PLC Tuesday said it has issued 500,000 shares at a price of 262.0 pence per share.

The shares were issued for cash on Tuesday at a premium to the prevailing net asset value. The trust would have raised around GBP1.3 million, according to an Alliance News calculation.

Scottish Mortgage shares were trading down 1.3% to 263.00 pence per share late Tuesday afternoon.

By Joshua Warner; [email protected]; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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