Possible C Share Issue

Possible C Share Issue

As at 28 March 2014 the ordinary shares traded at a premium to the prevailing
cum income NAV of 5.1%, as compared to an average discount for the UK Growth
and Income sector of 1.5%.

Taking into account the Company's performance since IPO, the current rating of
its shares, and the Manager's outlook for potential investee companies and the
Company's underlying portfolio, the Board is considering increasing the
Company's capital base through a pre-emptive offer of C Shares to raise up to
approximately £50 million of gross proceeds in June 2014. Any such fundraising
would be expected to reduce the Company's Ongoing Cost ratio as well as broaden
the Company's investor base to improve market liquidity for existing
Shareholders.

The Company is taking legal, tax and financial advice and will make a further
announcement in due course.


Contact details:

Miton Group plc:

Gervais Williams       [e-mail]        0203 714 1516
Martin Turner          [e-mail]           0203 714 1517
David Barron           [e-mail]            0203 714 1474


Cenkos Securities plc:

Dion Di Miceli         [e-mail]                   020 7397 1921
Sapna Shah             [e-mail]                       020 7397 1922
Chris Lunn             [e-mail]                       020 7397 1912