Issue of Equity

FINSBURY GROWTH & INCOME TRUST PLC

Legal Entity Identifier:  213800NN4ZKX2LG1GQ40

Issue of Ordinary Shares

On 23 August 2019 FINSBURY GROWTH & INCOME TRUST PLC (the “Company”) issued 100,000 new ordinary shares of 25p each, pursuant to its placing programme, at a price of 922.50 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 9,359,341 ordinary shares under its block listing facility of 17 June 2019.

As a result of this issue, the total number of ordinary shares in issue now stands at 198,066,712 and the total number of voting rights in the Company is 198,066,712. There are no shares held in treasury.

The above figure of 198,066,712 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]