Scot.National Tst. - Offer Acceptances, etc.
31 Juli 1998 - 9:31AM
UK Regulatory
RNS No 609a
ABERDEEN PREFERRED INCOME TRUST PLC
31st 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 30th July 1998 valid acceptances had
been received in respect of SNT shares as follows:
SNT class Acceptances % of
class
Stepped preference 15,667 0.05%
Zero dividend preference 35,026 0.05%
Income 709,400 0.44%
Capital 24,518 0.04%
2. The above acceptances include acceptances from persons
presumed to be acting in concert with Abpref and Abpref
Securities in respect of 450,000 SNT income shares.
3. 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).
4. The first closing date of the Offers is Thursday 6th
August (3.00 p.m.).
END
OFFARUNKWSKBOAR
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