Middlefield Canadian Income PCC (the "Company")
(a protected cell company incorporated in Jersey with registration number 93546)
Middlefield Canadian Income - GBP PC (the "Fund”)
31 August, 2018
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
As required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse (the “Market Abuse Regulations”), the Company announces that it was on 31 August, 2018 informed of the following transaction by Philean Trust Company Limited, a company connected with one of the Company’s directors, Mr Bisson, by virtue of his being a director of that company.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||
| a) | Name | Philean Trust Company Limited | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Person closely associated with Philip Bisson, Director | ||
| b) | Initial notification /Amendment | Initial notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Middlefield Canadian Income PCC on behalf of Middlefield Canadian Income – GBP PC | ||
| b) | LEI | 2138007ENW3JEJXC8658 | ||
| 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 Identification code | Redeemable Participating Preference Shares ISIN GB00B15PV034 | ||
| b) | Nature of the transaction | Sold | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| £ | 1.035 | 267,000 | ||
| d) | Aggregated information - Aggregated volume - Price | 267,000 £276,345 | ||
| e) | Date of the transaction | 31 August, 2018 | ||
| f) | Place of the transaction | London Stock Exchange XLON | ||
Following the above transaction, Philean Trust Company Limited holds 701,381 Redeemable Participating Preference Shares, representing 0.66% of the Fund’s issued share capital (excluding treasury shares).
Mr Bisson was not the beneficiary in relation to this disposal, nor did he take part in any decision by the board of Philean Trust Company Limited regarding this sale of Redeemable Participating Preference Shares.
For further information please contact:
JTC Fund Solutions (Guernsey) Limited
Assistant Secretary
+44 (0)1481 702 400