Dow Jones received a payment from EQS/DGAP to publish this press release.
The Scottish Investment Trust PLC (SCIN)
The Scottish Investment Trust PLC:
10-May-2019 / 15:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
To: RNS
From: The Scottish Investment Trust PLC
LEI: 549300ZL6XSHQ48U8H53
Date: 10 May 2019
Net asset values per share (NAVs)
at 9 May 2019
Cum - income Discount
NAV with borrowings at market 855.2p 8.7%
value
NAV with borrowings at par 884.8p
Ex - income
NAV with borrowings at market 845.7p
value
NAV with borrowings at par 875.3p
Notes:
In line with our reporting policy,
the NAVs are calculated taking the
valuation of investments at
closing bid or last price as the
case may be. NAVs are unaudited.
Borrowings at market value is the
company's estimate of the "fair
value" of its borrowings. The
current estimated fair value of
the company's borrowings is based
on the redemption yield of the
relevant existing reference gilt
plus a margin derived from the
spread of BBB UK corporate bond
yields (15 years+) over UK gilt
yields (15 years+). The reference
gilt for the secured bonds is the
6% UK Treasury Stock 2028 and the
reference gilt for the perpetual
debenture stocks is the longest
dated UK Treasury stock listed in
the Financial Times.
"Borrowings at par" is the nominal value of the
borrowings less any unamortised issue expenses.
For further information please
contact:
Michael Woodward / Philip Rorke
0131 550 3761 / 3762
Maitland Administration Services
(Scotland) Limited
ISIN: GB0007826XXX
Category Code: NAV
TIDM: SCIN
LEI Code: 549300ZL6XSHQ48U8H53
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 8587
EQS News ID: 810011
End of Announcement EQS News Service
(END) Dow Jones Newswires
May 10, 2019 10:02 ET (14:02 GMT)
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