Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Moffat

2

Reason for the notification

a)

Position/status

Director of Blackstone / GSO Loan Financing Limited

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Blackstone / GSO Loan Financing Limited

b)

LEI

549300NOGRTX0U7CWK43

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

Identification code

Ordinary Shares

ISIN : JE00BNCB5T53

b)

Nature of the transaction

C Share Conversion

Prior to the C Share conversion on 7 January 2020, Mr Moffat held the following shares in Blackstone / GSO Loan Financing Limited:

601,028 Ordinary Shares; and

291,068 C Shares.

Pursuant to the C Share conversion with a conversion ratio of 0.5860 Ordinary Shares per C Share, with effect from 7 January 2020, Mr Moffat now holds:

771,593 Ordinary Shares.

The above figure is the sum of Mr Moffat's previous Ordinary Share shareholding (601,028 Ordinary Shares) and the Ordinary Shares held by Mr Moffat arising from the C Share conversion (170,565 Ordinary Shares).

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

170,565 Ordinary Shares

N/A

e)

Date of the transaction

7 January 2020

f)

Place of the transaction

London