Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Coe

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

TOC Property Backed Lending Trust plc

b)

LEI

213800EXPWANYN3NEV68

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

Shares

Identification code

ISIN GB00BD0ND667

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.00

20,000

d)

Aggregated information

- Aggregated volume

N/A

- Price

e)

Date of the transaction

18 April 2019

f)

Place of the transaction

London Stock Exchange