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 2 December 2020 were:-

Excluding current year Revenue = 1,259.30p

Including ALL Revenue = 1,261.55p

ASCOT has bank debt facilities available to allow gearing of up to 14.4% of Shareholders’ Funds.  Current gearing is 5.8%.  There are currently 88,823,066 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell
For and on behalf of Aberforth Partners LLP, Secretaries
Telephone: 0131 220 0733

3 December 2020