Transaction in Own Shares

For immediate release

20 May 2022

MIGO OPPORTUNITIES TRUST PLC

(the "Company")

MARKET PURCHASE OF COMPANY’S OWN SHARES

Notification is given, pursuant to the authority granted at the Annual General Meeting of the Company held on 6 October 2021 to make market purchases of the Company’s own shares up to an aggregate maximum of 4,006,865, that 100,000 Ordinary shares of 1p each in the capital of the Company were purchased today for cancellation by the Company at a price of 335.00 pence per share.

Following this transaction and in conformity with the provisions of the Transparency Directive, the Company hereby notifies the market that the total number of Ordinary shares that the Company has in issue, less the total number of Ordinary shares bought back for cancellation by the Company following such purchase, and therefore, the total number of voting rights in the Company is 25,310,256. The Company does not currently hold any Ordinary shares in treasury.

The figure of 25,310,256 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.

For and on behalf of

Frostrow Capital LLP

Company Secretary

For further information, please contact:

Kerstin Rucht

Frostrow Capital LLP

Tel: [phone]