Alliance Trust PLC - Director/PDMR Shareholding

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

The following Director has purchased ordinary shares of 2.5 pence each in Alliance Trust PLC as detailed below.

Director	Purchase date	Number of shares purchased	Price paid per share (£)	Resultant interest in shares
Gregor Stewart	02.10.19	29	7.89	25,235

The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

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
a)	Name	Gregor Stewart
2.	Reason for notification
a)	Position/Status	Non-Executive Director
b)	Initial notification/Amendment	Increase in beneficial interest following purchase of shares (within Individual Savings Account pursuant to regular standing instruction).
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Alliance Trust PLC
b)	LEI	213800SZZD4E2IOZ9W55
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 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	Ordinary Shares of 2.5 pence each in Alliance Trust PLC
	Identification code	Identification code for Alliance Trust PLC shares: GB00B11V7W98
b)	Nature of transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£7.89	29
d)	Aggregated Information Aggregated volume Price	Not applicable – Single transaction
e)	Date of transaction	02 October 2019
f)	Place of transaction	London Stock Exchange, Main Market (XLON)

Name of contact	Lisa Brown
Telephone Number	[phone]
Date of notification	03 October 2019