Maven Income and Growth VCT 2 Regulatory News (MIG2)

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.

Name of the issuer

MAVEN INCOME AND GROWTH VCT 2 PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DTR 3.1.2.R

3.

Name of person discharging managerial responsibilities/director

WILLIAM ROBERT NIXON

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

CONNECTED PERSON: MAVEN CAPITAL PARTNERS UK LLP

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

NON-BENEFICIAL INTEREST

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY 10P SHARES

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

MAVEN CAPITAL PARTNERS UK LLP NOMINEE ACCOUNT

 8.

State the nature of the transaction

PURCHASE

9.

Number of shares, debentures or financial instruments relating to shares acquired

50,000

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.15%

11.

Number of shares, debentures or financial instruments relating to shares disposed

NONE

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

NONE

13.

Price per share or value of transaction

49.50P PER SHARE

14.

Date and place of transaction

08 APRIL 2014 (LONDON)

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

450,000 (1.33%)

16.

Date issuer informed of transaction

08 APRIL 2014

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17

 Date of grant

N/A

18.

Period during which or date on which exercisable

N/A

19.

Total amount paid (if any) for grant of the option

N/A

20.

Description of shares or debentures involved (class and number)

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22.

Total number of shares or debentures over which options held following notification

N/A

23.

Any additional information

N/A

24.

Name of contact and telephone number for queries

MARIE ROSS (0141 206 0124)

Name of authorised official of issuer responsible for making notification

MAVEN CAPITAL PARTNERS UK LLP, SECRETARY

Date of notification

08 APRIL 2014

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.