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 13 February 2020 were:-
Excluding current year Revenue = 1,516.30p
Including ALL Revenue = 1,519.99p
ASCOT has bank debt facilities available to allow gearing of up to 9.2% of Shareholders’ Funds.  Current gearing is 0.7%.  There are currently 89,533,066 Ordinary Shares of 1p in issue.
Contact: 
Michael Campbell
For and on behalf of Aberforth Partners LLP, Secretaries
Telephone: 0131 220 0733
14 February 2020

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