Director/PDMR Shareholding

D owning Strategic Micro-Cap Investment Trust plc
LEI: 213800QMYPUW4POFFX69
Director/PDMR Shareholding
1 April 2022

Downing Strategic Micro-Cap Investment Trust plc (“the Company”) announces that it has been notified of market purchases of shares on 1 April 2022 by Christabel Aldous, a person closely associated with Hugh Aldous, non-executive director and PDMR of the Company.

Christabel Aldous purchased 20,000 ordinary shares at a price of 66.9p per share.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christabel Aldous
2	Reason for the notification
a)	Position/status	A person closely associated with Hugh Aldous, director/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Downing Strategic Micro-Cap Investment Trust plc
b)	LEI	213800QMYPUW4POFFX69
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	ORDINARY SHARES IN OF 0.1P EACH
	Identification code	ISIN:  GB00BF0SCX52
b)	Nature of the transaction	MARKET PURCHASE OF 20,000 ORDINARY SHARES.
c)	Price(s) and volume(s)	Price(s) £0.669	Volume(s) 20,000
d)	Aggregated information  - Aggregated volume  - Price	20,000 Ordinary shares £0.669
e)	Date of the transaction	1 April 2022
f)	Place of the transaction	London Stock Exchange Main Market (XLON)