MITON UK MICROCAP TRUST PLC

Capital/Financing Update • Feb 25, 2021

National Storage Mechanism | Additional information

RNS Number : 4168Q

Miton UK MicroCap Trust plc

25 February 2021

MITON UK MICROCAP TRUST PLC (the "Company")

Revolving Credit Facility

The Company has entered into a new £5.0m revolving credit facility ("RCF"), provided by The Royal Bank of Scotland International Limited ("RBS"). The RCF has an initial term of three years, a margin of 1.35% above LIBOR (later SONIA) and an uncommitted accordion of £7.5m. The RCF replaces the previous RBS facility, which had been in place since February 2018.

The Company is currently ungeared but may deploy borrowing to enhance long-term capital growth. Any use of the RCF will be in accordance with the Company's borrowing policy, which limits gearing to 15 per cent. of the Company's net asset value at the time of drawdown.

LEI: 21380048Q8UABVMAG916

Enquiries:

Miton UK MicroCap Trust plc
Gervais Williams / Martin Turner / Claire Long	Tel: 020 3714 1500
Peel Hunt LLP
Luke Simpson / Liz Yong	Tel: 020 7418 8900

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