Downing ONE VCT plc
12 December 2014
Offer for Subscription
Downing ONE VCT plc (the "Company") announces that it has published a Securities Notes, Registration Document and Summary which together comprise a Prospectus, to raise up to £10,000,000 (with an over-allotment facility of up to a further £10,000,000) through an offer for subscription of New Ordinary Shares (the "Offer").
The Offer opened on 12 December 2014 and is expected to close no later than 2 April 2014 in the case of the 2014/15 Offer and 30 April 2014 in the case of the 2015/16 Offer (unless previously extended). The Offer is for up to approximately 10,175,010 Ordinary Shares in the Company.
A downloadable version of the Securities Note will shortly be available from www.downing.co.uk.
Printed copies can also be requested by calling 020 7416 7780.
A copy of the Prospectus (comprising a Securities Note, Registration Document and Summary) is available, free of charge, from Downing LLP at the Company's registered office:
Ergon House,
Horseferry Road,
London SW1P 2AL
In accordance with the Listing Rules, the Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm