Director/PDMR Shareholding

14 July 2017

JPMorgan Smaller Companies Investment Trust plc (the" Company")

Director / PDMR Shareholding Disclosure

1.

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

MICHAEL QUICKE

2.

Reason for the notification 

TO NOTIFY A DIRECTOR'S SHAREDEALING

a)

Position / Status

NON-EXECUTIVE DIRECTOR

b)

Initial notification/ Amendment

INITIAL NOTIFICATION

3.

Details of the issuer

a)

Name

JPMORGAN SMALLER COMPANIES INVESTMENT TRUST PLC

b)

Legal Identifier Code

549300PXALXKUMU9JM18

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

GB000741600

b)

Nature of the Transaction

EXERCISE OF SUBSCRIPTION RIGHTS TO ACQUIRE ORDINARY SHARES

c)

Price and Volume

 Price

Volume

915 pence

1,840

d)

Aggregated information

- Aggregated price

- Price

N/A (SINGLE TRANSACTION)

e)

Date of transaction

14 JULY 2017

f)

Place of transaction

LONDON STOCK EXCHANGE, MAIN MARKET