Scot.National Tst. - Offer Acceptances
24 Juli 1998 - 9:30AM
UK Regulatory
RNS No 7499u
SCOTTISH NATIONAL TRUST PLC
24th July 1998
ABERDEEN PREFERRED INCOME TRUST PLC ('ABPREF')
ABERDEEN PREFERRED SECURITIES PLC ('ABPREF SECURITIES')
OFFERS FOR SHARES IN THE SCOTTISH NATIONAL TRUST PLC ('SNT')
1. By 3.00 p.m. on 23rd July 1998 valid acceptances had
been received in respect of SNT shares as follows:
SNT class Acceptances Approx. %
of class
Stepped preference 14,000 0.044
Zero dividend preference 9,195 0.014
Income 49,868 0.031
Capital 2,000 0.003
2. Prior to the offer period Abpref and persons presumed
to be acting in concert with Abpref and Abpref
Securities held 1,450,000 SNT income shares (0.91% of
the class) and 2,231,417 SNT stepped preference shares
(6.99% of the class). None of these shares is included
in the above acceptances.
3. The first closing date of the offers is 6th August 1998
(3.00 p.m.).
END
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