Director/PDMR Shareholding

Middlefield Canadian Income PCC (the "Company")
(a protected cell company incorporated in Jersey with registration number 93546)
Middlefield Canadian Income - GBP PC (the "Fund")

20 October, 2017

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

As required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse (the " Market Abuse Regulations "), the Company announces that it was on 20 October, 2017  informed of the following transactions by Philean Trust Company Limited, a company connected with one of the Company's directors, Mr Bisson, by virtue of his being a director of that company.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philean Trust Company Limited
2	Reason for the notification
a)	Position/status	Person closely associated with Philip Bisson, Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Middlefield Canadian Income PCC on behalf of Middlefield Canadian Income - GBP PC
b)	LEI	2138007ENW3JEJXC8658
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	Redeemable Participating Preference Shares   ISIN GB00B15PV034
b)	Nature of the transaction	Sale
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£1.02 £1.02	40,000 70,000
d)	Aggregated information   - Aggregated volume   - Price	110,000   £112,200.00
e)	Date of the transaction	19 October, 2017
f)	Place of the transaction	London Stock Exchange XLON

Following the sales, Philean Trust Company Limited holds 581,381 Redeemable Participating Preference Shares, representing 0.55% of the Fund's issued share capital (excluding treasury shares).

Mr Bisson was not the beneficiary in relation to this disposal, nor did he take part in any decision by the board of Philean Trust Company Limited regarding this sale of Redeemable Participating Preference Shares.

For further information please contact:

JTC Fund Solutions (Guernsey) Limited
Assistant Secretary
+44 (0)1534 702 400

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