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FinancialsMid Cap

Director/PDMR Shareholding

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

 1 - Details of the person discharging managerial responsibilities / person closely associated 
 Name of natural person                         Richard Davidson                           
                                                                                           
 2 - Reason for the notification                                                           
 Position/status                                Director                                   
 Initial notification/amendment                 Initial Notification                       
                                                                                           
 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 Full name of the entity                        Aberforth Smaller Companies Trust plc      
 Legal Entity Identifier code                   213800GZ9WC73A92Q326                       
                                                                                           
 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 
 Financial Instrument                           Ordinary Shares                            
 Identification Code                            SEDOL: 0006655                             
 Nature of transaction                          Purchase                                   
 Date Of Transaction                            1 November 2023                            
 Price (s)                                      11.58014 (2,500) and 11.597081 (2,500).    
 Volume(s)                                      5,000                                      
 Aggregated information                         N/A                                        
 Place Of Transaction                           London Stock Exchange, Main Market (XLON)  
 Currency                                       GBP - British Pound                        
                                                                                           
 5 - Total holding following this notification  37,000                                     
                                                                                           
 Contact                                        Michael Campbell                           
                                                Aberforth Partners LLP, Secretaries        
 Date of Notification                           1 November 2023                            

 



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