Downing ONE VCT plc : Issue of Equity

Downing ONE VCT plc : Issue of Equity

Downing ONE VCT plc
20 March 2015
Issue of Equity

The Directors of Downing ONE VCT plc announce an allotment on 20 March 2015  of ordinary shares of 1p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 12 December 2014 ("Offer") as follows:

3,248,502 Ordinary Shares at an average price of 95.78p.

Application for the shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made shortly. Dealings are expected to commence on or around 26 March 2015.

Following this allotment, the issued share capital and total voting rights of the Company is Ordinary Shares 80,013,496.

Included in the issue of equity on 20 March 2015 that took place under the Offer for Subscription that opened on 12 December 2014 was an allotment to a director of the Company as follows:

 

Director / PDMR
  Shares allottedIssue
price
 

Shareholding
% of shares
 in issue
Chris Kay Director 26,322 94.97p 62,270 0.08
Jonathan Boss PDMR 8,729 94.98p 14,079 0.02
Colin Corbally PDMR 26,322 94.97p 56,068 0.07
David Folley PDMR 2,743 95.01p 2,743 0.00



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Downing ONE VCT plc via Globenewswire

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