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ABERFORTH GEARED INCOME TRUST PLC - Director/PDMR Shareholding

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The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1 - Details of the person discharging managerial responsibilities / person closely associated
a)    Name of natural person Graham Menzies
2 - Reason for the notification
a)    Position/status Director
b)    Initial notification/amendment Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)    Full name of the entity Aberforth Geared Income Trust plc
b)    Legal Entity Identifier code 2138008A77WGCP5LV740
4 - Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)    Financial Instrument Ordinary Shares
Identification Code SEDOL: B4TR344
b)    Nature of transaction Ceased management of a non-beneficial portfolio   which held 3,650 Ordinary Shares
c)    Date Of Transaction 24 October 2016
d)    Price (s) N/A
e)    Volume(s) 3,650
f)     Aggregated information N/A
g)    Place Of Transaction N/A
h)    Currency GBP - British Pound
Contact Gary Tait
Aberforth Partners LLP, Secretaries
Date of Notification 24 October 2016

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