Daily Mail and General Trust plc: Director/PDMR Shareholding

1 Details of the person discharging managerial responsibilities/person closely associated

a) Name

Kevin Beatty

2 Reason for the notification

a) Position/status

Executive Director

b) Initial notification/Amendment

Initial notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

Daily Mail and General Trust plc

b) LEI

4OFD47D73QFJ1T1MOF29

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

A Ordinary Non-Voting Shares of 12.5 pence each

Identification code

GB00BJQZC279

b) Nature of the transaction

(i) Exercise of all nil-cost options awarded in January 2018 under The DMGT Deferred Bonus Plan.  The number of options awarded under the Plan was adjusted upwards by the DMGT Remuneration & Nominations Committee by 4.7825% to align the award with Fully Participating Shareholders of the Euromoney distribution and special dividend, in accordance with the principles stated in the shareholder circular dated 5 March 2019.

(ii) Sale of sufficient shares to cover the tax liability arising from the transaction as set out in (i) above.

c) Price(s) and volume(s)

Price(s)

Volume(s)

(i) £0.00

15,092

(ii) £8.104

7,119

d) Aggregated information

- Aggregated volume

- Price

Not applicable, single transaction.

e) Date of the transactions

31 January 2020

f) Place of the transaction

London Stock Exchange (XLON)