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Capital Gearing Trust Plc - Issue of Equity

Capital Gearing Trust plc

To:                   PR Newswire

From:              Capital Gearing Trust P.l.c.

LEI:                  213800T2PJTPVF1UGW53

Date:               20 March 2020

ISSUE OF EQUITY

On 20 March 2020 Capital Gearing Trust P.l.c. (the “Company”) issued 18,000 Ordinary shares of 25p from Treasury at a price of 4,082p pence per share.

The Company’s issued share capital now consists of 11,611,563 Ordinary shares, and there are 175,300 shares held in Treasury.  Therefore, the total number of shares with voting rights in the Company is 11,436,263.

The Company now has authority to issue 769,337 Ordinary shares on a non pre-emptive basis.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Capital Gearing Trust P.l.c. under the FCA's Disclosure Guidance and Transparency Rules.

PATAC Limited

Company Secretary

Enquiries: 0131 538 1400