RUG Renn Universal

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are attached:          RENN UNIVERSAL GROWTH
                                                                 INVESTMENT TRUST PLC

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 obligation:                                         CAYENNE ASSET
                                                                 MANAGEMENT LIMITED

4. Full name of shareholder(s)(if different from 3.):            APOLLO FUND PLC
                                                                 BOWLAND LIMITED

5. Date of the transaction and date on
which the threshold is crossed or                                18 FEBRUARY 2014
reached:

6. Date on which issuer notified:                                26 FEBRUARY 2014

7. Threshold(s) that is/are crossed or reached:                  6%

8. Notified details:

A: Voting rights attached to shares

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

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

GB0007325185  950,000              1,050,000    1,050,000             6.02%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial  Expiration      Exercise/                 Number of voting             % of voting
instrument         date            Conversion Period         rights that may be           rights
                                                             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  Expiration  Exercise/   Number of voting   % of voting rights
financial     price     date        Conversion  rights instrument
instrument                          period      refers to
                                                                   Nominal    Delta


Total (A+B+C)

Number of voting rights      Percentage of voting rights


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


Proxy Voting:

10. Name of the proxy holder:

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

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

13. Additional information:

14. Contact name:                         LEONARD GAYLER

15. Contact telephone number:             020 7233 8899