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 July 2021 were:-

Excluding current year Revenue = 1,708.89p

Including ALL Revenue = 1,727.02p

ASCOT has bank debt facilities available to allow gearing of up to 9.6% of Shareholders’ Funds.  Current gearing is 5.2%.  There are currently 88,553,066 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell

For and on behalf of Aberforth Partners LLP, Secretaries

Telephone: 0131 220 0733

5 July 2021