Issue of Equity

FINSBURY GROWTH & INCOME TRUST PLC

Legal Entity Identifier:  213800NN4ZKX2LG1GQ40

Issue of Ordinary Shares

On 31 March 2020 FINSBURY GROWTH & INCOME TRUST PLC (the “Company”) issued 150,000 new ordinary shares of 25p each, pursuant to its placing programme, at a price of 762.75 pence per share; these shares rank pari passu with the existing ordinary shares in issue. The issue price equates to a premium to the cum income net asset value per share at the time of the transaction of 0.7%, such premium including a placing commission of 0.2%.

Following this issue, the Company has the ability to issue a further 6,404,750 ordinary shares under its block listing facility of 13 November 2019.

As a result of this issue, the total number of ordinary shares in issue now stands at 211,021,303 and the total number of voting rights in the Company is 211,021,303

There are no shares held in treasury.

The above figure of 211,021,303 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

Enquiries:

Victoria Hale 

Frostrow Capital LLP 

Tel: [phone]