RNS Number : 3294C
Schiehallion Fund Limited (The)
16 October 2020
The Schiehallion Fund Limited
Legal Entity Identifier: 213800NQOLJA1JCWXQ56
Additional Capital
The Board refers to the statement in the Company's annual report for the financial period ended 31 January 2020 that, once the Company is substantially invested, the Company may seek to raise additional capital in order to enable it to continue to invest in new opportunities.
As at 30 September 2020, approximately 74% of the Company's portfolio was invested in private companies. Accordingly, the Company is exploring the possibility of raising additional capital in the first half of 2021, which may be satisfied by the issue of ordinary shares, C shares or a combination of both.
Baillie Gifford & Co Limited
Manager
16 October 2020
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 rns@lseg.com 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
IOEGIBDGCGBDGGL
|
