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 24 May 2018 were:-
Excluding current year Revenue = 1,583.41p
Including ALL Revenue = 1,603.57p
ASCOT has bank debt facilities available to allow gearing of up to 8.5% of Shareholders’ Funds.  Current gearing is 0.8%.  There are currently 91,360,251 Ordinary Shares of 1p in issue.
Contact: 
David Holland
For and on behalf of Aberforth Partners LLP, Secretaries
Telephone: 0131 220 0733
25 May 2018

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