RUG Renn Universal

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or the underlying issuer                                  RENN Universal Growth
of existing shares to which voting rights are                                       Investment Trust PLC
attached:

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                                  X

An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights
are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification                               Armstrong Investments Limited
obligation:

4. Full name of shareholder(s)(if different from 3.):                               Nortrust Nominees Limited

5. Date of the transaction and date on
which the threshold is crossed or
reached:                                                                            24 February 2014

6. Date on which issuer notified:                                                   25 February 2014

7. Threshold(s) that is/are crossed or
reached:                                                                            Below 8%

8. Notified details:

A: Voting rights attached to shares

Class/type       Situation previous                 Resulting situation after the triggering transaction
of               to the triggering
shares           transaction


if possible      Number      Number      Number        Number of voting       % of  voting rights
using            of          of          of shares     rights
the ISIN         Shares      Voting
CODE                         Rights
                                         Direct        Direct     Indirect    Direct     Indirect

GB0007325185     1,485,000   1,485,000   1,290,000     1,290,000                7.40%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of        Expiration            Exercise/                       Number of voting           % of voting
financial      date                  Conversion Period               rights that may be         rights
instrument                                                           acquired if the
                                                                     instrument is
                                                                     exercised/ converted.


C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

Type of       Exercise price      Expiration   Exercise/            Number of voting rights    % of voting
financial                         date         Conversion period    instrument refers to       rights
instrument

                                                                                               Nominal Delta


Total (A+B+C)

Number of voting rights                                  Percentage of voting rights

1,290,000                                                7.40%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Nortrust Nominees for Armstrong Investments Limited

Proxy Voting:

10. Name of the proxy holder:                                                        N/A

11. Number of voting rights proxy holder will cease
to hold:                                                                             N/A

12. Date on which proxy holder will cease to hold
voting rights:                                                                       N/A

13. Additional information:

14. Contact name:

15. Contact telephone number: