Director/PDMR Shareholding

Chenavari Toro Income Fund Limited (TORO) - Director/PDMR Shareholding

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated with them

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

a) Name Roberto Silvotti 

2 Reason for the notification

a) Position/status Director

b) Initial notification / Amendment Initial Notification

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

a) Name Chenavari Toro Income Fund Limited

b) LEI 549300POOPYI3IQZNS35

4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) date; and (iv) each place where transactions have been conducted

a) Description of the financial instrument, type of instrument

Identification code ISIN GG00BWBSDM98

Financial Instrument Ordinary Shares

b) Nature of the transaction

Transfer to managed Fund Administration Bond of which Roberto Silvotti remains the beneficiary

c) Price(s) and volume(s)

Price(s) Volume(s): Number of Shares received

N/A 954,692

d) Aggregated information

- Aggregated volume 954,692

- Price N/A 

e) Date of the transaction 20 December 2018

f) Place of the transaction Outside Training Venue 

For any queries relating to this notification, please contact Ian Smith at Estera Administration (Guernsey) Limited +44 1481 231 100