Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                          
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                                           
attached:                                                    Chelverton Growth Trust Plc
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                          No 
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result      No 
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An event changing the breakdown of voting rights                                     Yes
                                                                                        
Other (please specify):                         Own Shares Purchased for Treasury    No 
                                                                                        
3. Full name of person(s) subject to the                         MAM Funds Plc          
notification obligation:                                                                
                                                                                        
4. Full name of shareholder(s)                                See section 9 below       
 (if different from 3.):                                                                
                                                                                        
5. Date of the transaction and date on                             31/05/2012           
which the threshold is crossed or                                                       
reached:                                                                                
                                                                                        
6. Date on which issuer notified:                                  11/06/2012           
                                                                                        
7. Threshold(s) that is/are crossed or                       Was 9.79%, Now 10.90%      
reached:                                                                                
                                                                                        


 

8. Notified details:                                                                                
                                                                                                    
A: Voting rights attached to shares                                                                 
                                                                                                    
Class/type   Situation previous             Resulting situation after the triggering transaction    
of           to the triggering                                                                      
shares       transaction                                                                            
                                                                                                    
                                                                                                    
if possible  Number            Number       Number    Number of voting       % of  voting rights    
using        of                of           of shares rights                                        
the ISIN     Shares            Voting                                                               
CODE                           Rights                                                               
                                            Direct    Direct    Indirect     Direct   Indirect      
                                                                                                    
                                                                                                    
                                                                                                    
GB0002621349                                                                                        
             1,295,356         1,295,356    1,295,356 n/a       1,295,356    n/a      10.90%        
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
B: Qualifying Financial Instruments                                                                 
                                                                                                    
Resulting situation after the triggering transaction                                                
                                                                                                    
Type of        Expiration        Exercise/             Number of voting             % of voting     
financial      date              Conversion Period     rights that may be           rights          
instrument                                             acquired if the                              
                                                       instrument is                                
                                                       exercised/ converted.                        
                                                                                                    
n/a            n/a               n/a                   n/a                          n/a             
                                                                                                    
                                                                                                    
                                                                                                    
C: Financial Instruments with similar economic effect to Qualifying Financial                       
Instruments xv, xvi                                                                                 
                                                                                                    
Resulting situation after the triggering transaction                                                
                                                                                                    
Type of       Exercise price   Expiration  Exercise/  Number of voting rights  % of voting rights   
financial                      date        Conversion instrument refers to     instrument                                 period                                                   
                                                                                               
                                                                                                    
                                                                               Nominal Delta        
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
Total (A+B+C)                                                                                       
                                                                                                    
Number of voting rights                            Percentage of voting rights                      
                                                                                                    
1,295,356                                          10.90%                                           
                                                                                                    


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:                              
                                                                                        
CF Miton Select Assets Porfolio     
Bank of New York Nominees Ltd a/c   391998          445,356  
               
                                                                                        
Miton Worldwide Growth Investment Trust                         
Bank of New York Ltd a/c    178055             850,000
                                          
                                                                                        
Proxy Voting:                                                                           
                                                                                        
                                                                                        
10. Name of the proxy holder:                                                           
                                                    n/a                                 
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                    n/a                                 
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                    n/a                                 
                                                                                        
                                                                                        
                                                                                        
                              Midas Capital Partners Ltd and Miton Asset Management Ltd 
13. Additional information:   are all subsidiaries of MAM Fund Plc                      
                                                                                        
14. Contact name:             Ian Borrows                                               
                                                                                        
15. Contact telephone number: 0151 906 2476