Downing ONE VCT plc : Issue of Equity

Downing ONE VCT plc
15 March 2016
Issue of Equity

The Directors of Downing ONE VCT plc announce an allotment on 15 March 2016 of ordinary shares of 1p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 14 December 2015 ("Offer") as follows:

2,904,895 Ordinary Shares at an average price of 97.13p.

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 22 March 2016.

Following this allotment, the issued share capital and total voting rights of the Company is 93,220,222 Ordinary Shares.

Included in the issue of equity on 4 February 2016 that took place under the Offer for Subscription that opened on 14 December 2015 were allotment to PDMRs as follows:

Director / PDMR		Shares allotted	Issue price
Tony McGing	PDMR	101,936	98.1p
Colin Corbally	PDMR	61,162	98.1p

Following this allotment, Tony McGing's shareholding in the Company is summarised as follows:

Share class	Shareholding	% of shares  in issue
Ordinary Shares	212,028	0.23%

Following this allotment, Colin Corbally's shareholding in the Company is summarised as follows:

Share class	Shareholding	% of shares  in issue
Ordinary Shares	96,488	0.11%

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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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