Miton UK MicroCap Trust plc has entered into a new £5.0 million revolving credit facility ("RCF"), provided by The Royal Bank of Scotland International Limited ("RBS"). The RCF has an initial term of three years, a margin of 1.35% above LIBOR (later SONIA) and an uncommitted accordion of £7.5 million. The RCF replaces the previous RBS facility, which had been in place since February 2018. The Company is currently ungeared but may deploy borrowing to enhance long-term capital growth. Any use of the RCF will be in accordance with the Company's borrowing policy, which limits gearing to 15 per cent. of the Company's net asset value at the time of drawdown.