Aberforth Smaller Companies Trust plc (“ASCOT”)
The Net Asset Values (“NAVs”) per Ordinary Share for the above company as at the close of business on 23 August 2016 were:-
Excluding current year Revenue = 1,209.47p
Including ALL Revenue = 1,227.01p
ASCOT has bank debt facilities available to allow gearing of up to 10.8% of Shareholders’ Funds.  Current gearing is 3.5%.  There are currently 94,639,792 Ordinary Shares of 1p in issue.
Contact:
David Holland
For and on behalf of Aberforth Partners LLP, Secretaries
Telephone: 0131 220 0733
24 August 2016

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