NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES AND CONNECTED PERSONS
1. Name of the issuer:
Manchester & London Investment Trust plc
2. State whether the notification relates to (i) a transaction notified
in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance
with LR 9.8.6R(1) or (iii) a disclosure made in accordance with
section 793 of the Companies Act (2006):
Disclosure in accordance with (i) above
3. Name of person discharging managerial responsibilities/director:
Mark Sheppard (Investment Manager)
M&M Investment Company Plc (Parent Company)
4. State whether notification relates to a person connected with a
person discharging managerial responsibilities/director named in 3
and identify the connected person:
Notification re company named in 3
5. Indicate whether the notification is in respect of a holding of the
person referred to in 3 or 4 above or in respect of a non-beneficial
interest:
Holding of the Parent Company referred to in 3.
6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares:
Ordinary shares of 25p each
7. Name of registered shareholders(s) and, if more than one, the number
of shares held by each of them:
Pershing Nominees Ltd (MDCLT)
8. State the nature of the transaction:
Purchase of shares by Parent Company
9. Number of shares, debentures or financial instruments relating to
shares acquired:
366 ordinary shares
10. Percentage of issued class acquired (treasury shares of that class
should not be taken into account when calculating percentage):
0.002%
11. Number of shares, debentures or financial instruments relating to
shares disposed:
N/A
12. Percentage of issued class disposed (treasury shares of that class
should not be taken into account when calculating percentage):
N/A
13. Price per share or value of transaction:
£2.3515
14. Date and place of transaction:
2 February 2015, Manchester
15. Total holding following notification and total percentage holding
following notification (any treasury shares of that class should not
be taken into account when calculating percentage):
13,474,591 (62.30%) Ordinary shares of 25p each
16. Date issuer informed of transaction:
2 February 2015
17. Date of grant:
N/A
18. Period during which or date on which it can be exercised:
N/A
19. Total amount paid (if any) for grant of the option:
N/A
20. Description of shares or debentures involved (class and number):
N/A
21. Exercise price (if fixed at time of grant) or indication that price
is to be fixed at the time of exercise:
N/A
22. Total number of shares or debentures over which options held
following notification:
N/A
23. Any additional information:
N/A
24. Name of contact and telephone for queries
M K Camp
Company Secretary
Manchester & London Investment Trust plc
Tel: 0161 242 8246
Date: 2 February 2015
