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Director/PDMR Shareholding

Date : 19/07/2011 @ 14:04
Source : UK Regulatory (RNS & others)
Stock : Scot.Amer.Inv. (SCAM)
Quote : 234.0  0.0 (0.00%) @ 05:00

Director/PDMR Shareholding

TIDMSCAM

RNS Number : 6611K

Scottish American Investment Co PLC

19 July 2011

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

 
                                               State whether the notification 
                                                relates to (i) a 
                                                transaction notified in 
                                                accordance with DTR 3.1.2 
                                                R, 
                                                (ii) a disclosure made in 
                                                accordance LR 9.8.6R(1) 
                                                or 
                                                (iii) a disclosure made 
                                                in accordance with section 
                                                793 of the Companies Act 
                                                (2006). 
                                                THE NOTIFICATION RELATES 
       Name of the issuer THE SCOTTISH          TO A TRANSACTION NOTIFIED 
       AMERICAN INVESTMENT COMPANY              IN ACCORDANCE WITH DTR 3.1.2 
 1.    P.L.C.                            2.     R 
----  --------------------------------  ----  -------------------------------- 
                                               State whether notification 
                                               relates to a person connected 
                                               with a person discharging 
       Name of person discharging              managerial 
        managerial                             responsibilities/director named 
        responsibilities/director              in 3 and identify the connected 
 3.     MS RACHEL LOMAX                  4.    person N/A 
----  --------------------------------  ----  -------------------------------- 
       Indicate whether the 
       notification is in respect of a 
       holding of the person referred          Description of shares 
       to in 3 or 4 above or in                (including class), debentures 
       respect of a nonbeneficial              or derivatives or financial 
       interest 1 IN RESPECT OF                instruments relating to shares 
 5.    DIRECTOR NAMED IN 3.              6.    ORDINARY 25P SHARES 
----  --------------------------------  ----  -------------------------------- 
       Name of registered 
       shareholders(s) and, if more 
       than one, the number of shares          State the nature of the 
       held by each of them NOT                 transaction 
 7.    NOTIFIED                          8.     PURCHASE 
----  --------------------------------  ----  -------------------------------- 
                                               Percentage of issued class 
       Number of shares, debentures             acquired (treasury shares 
        or financial                            of that class should not 
        instruments relating to                 be taken into account when 
        shares acquired                         calculating percentage) 
 9.     83 SHARES                        10.    0.00006% 
----  --------------------------------  ----  -------------------------------- 
                                               Percentage of issued class 
       Number of shares, debentures             disposed (treasury shares 
        or financial                            of that class should not 
        instruments relating to                 be taken into account when 
        shares disposed                         calculating percentage) 
 11.    N/A                              12.    N/A 
----  --------------------------------  ----  -------------------------------- 
       Price per share or value                Date and place of transaction 
        of transaction                          15 JULY 2011 
 13.    240.5p                           14.    LONDON STOCK EXCHANGE 
----  --------------------------------  ----  -------------------------------- 
 
 
       Total holding following 
        notification and total percentage 
        holding following notification 
        (any treasury shares should 
        not be taken into account                 Date issuer informed of 
        when calculating percentage)               transaction 
 15.    28,398 ORDINARY SHARES (0.021%)     16.    15 JULY 2011 
----  -----------------------------------  ----  ------------------------ 
 

If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes

 
                                               Period during which or date on 
 17.   Date of grant                     18.   which exercisable 
----  --------------------------------  ----  -------------------------------- 
                                               Description of shares or 
       Total amount paid (if any) for          debentures involved (class and 
 19.   grant of the option               20.   number) 
----  --------------------------------  ----  -------------------------------- 
       Exercise price (if fixed at 
       time of grant) or indication            Total number of shares or 
       that price is to be fixed at            debentures over which options 
 21.   the time of exercise              22.   held following notification 
----  --------------------------------  ----  -------------------------------- 
 
 
                                          Name of contact and telephone number 
                                           for queries 
                                           ERIN LONGMUIR, 
                                           BAILLIE GIFFORD & CO, 
 23.   Any additional information   24.    0131 275 3199 
----  ---------------------------  ----  ------------------------------------- 
 
 
 Name of authorised official of issuer responsible for making 
  notification 
  Baillie Gifford & Co 
  Date of notification _19 July 2011________________________________________ 
---------------------------------------------------------------------------- 
 

Notes: This form is intended for use by an issuer to make a RIS notification required by DR 3.3.

 
 (1)   An issuer making a notification in respect of a transaction 
        relating to the shares or debentures of the issuer 
        should complete boxes 1 to 16, 23 and 24. 
 (2)   An issuer making a notification in respect of a derivative 
        relating the shares of the issuer should complete boxes 
        1 to 4, 6, 8, 13, 14, 16, 23 and 24. 
 (3)   An issuer making a notification in respect of options 
        granted to a director/person discharging managerial 
        responsibilities should complete boxes 1 to 3 and 17 
        to 24. 
 (4)   An issuer making a notification in respect of a financial 
        instrument relating to the shares of the issuer (other 
        than a debenture) should complete boxes 1 to 4, 6, 
        8, 9, 11, 13, 14, 16, 23 and 24. 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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