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 17 October 2018 were:-
Excluding current year Revenue = 1,394.49p
Including ALL Revenue = 1,423.77p
ASCOT has bank debt facilities available to allow gearing of up to 9.7% of Shareholders’ Funds.  Current gearing is 1.4%.  There are currently 90,594,811 Ordinary Shares of 1p in issue.
Contact: 
David Holland
For and on behalf of Aberforth Partners LLP, Secretaries
Telephone: 0131 220 0733
18 October 2018

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