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 1 December 2016 were:-
Excluding current year Revenue = 1,189.12p
Including ALL Revenue = 1,215.20p
ASCOT has bank debt facilities available to allow gearing of up to 10.9% of Shareholders’ Funds.  Current gearing is 3.2%.  There are currently 94,480,292 Ordinary Shares of 1p in issue.
Contact:
David Holland
For and on behalf of Aberforth Partners LLP, Secretaries
Telephone: 0131 220 0733
2 December 2016

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