Ruffer Investment Company Ltd

Director's Dealing • Mar 13, 2025

13 March 2025

RUFFER INVESTMENT COMPANY LIMITED

(a closed-ended investment company incorporated in Guernsey with registration number 41996) (the "Company")

DIRECTOR / PDMR DEALING

The Company announces that Colleen McHugh, Non-Executive Director of the Company, has acquired participating redeemable preference shares in the Company, as follows:

Director/PDMR	Previous Shares held	Shares Acquired	Price per Share (GBP)	Total Holding following Acquisition	% of the Company's issued share capital held following Acquisition
Colleen McHugh	12.000	4.000	£2.76	16.000	0 004%

The relevant notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

• 1 Details of the person discharging managerial responsibilities / person closely associated
• Name a) Colleen McHugh
• 2 Reason for the notification
• Position/status a) Non-Executive Director
• b) Initial notification /Amendment Initial notification
• 3 Details of the issuer, emission allowance market participant, auction platform, auction monitor
• a) Name Ruffer Investment Company Limited
• b) LEI 21380068AHZKY7MKNO47
• 4 Details of the transaction(s): section to be repeated for (i) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)	Description of the financial instrument, type of instrument	Redeemable participating preference shares
	ldentification code	GB00B018CS46
	b) Nature of the transaction	Purchase
	c) Price(s) and volume(s)	Price(s)	Volume(s)

d)	Aggregated information	£2.76	4,000
	- Aggregated volume - Price	4.000 £11,040.00
e)	Date of the transaction	13 March 2025
f)	Place of the transaction	LONDON STOCK EXCHANGE, (XLON)
LEI: 21380068AHZKY7MKNO47
For further information please contact:
Ruffer Investment Company Limited Nick Pink (Chairman)			Contact via Investec
Ruffer AIFM Limited (Investment Manager)			rif@ruffer.co.uk
Investec Bank plc (Sponsor and Financial Adviser) David Yovichic			T: +44 (0)20 7597 4952 David.yovichic@investec.co.uk
Apex Fund and Corporate Services (Guernsey) Limited Nicole Liebenberg			T: +44(0)20 3530 3653 RIC(@apexgroup.com

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