Downing FOUR VCT plc : Issue of Equity

Downing FOUR VCT plc
16 March 2017
Issue of Equity

The Directors of Downing FOUR VCT plc announce an allotment on 16 March 2017 of Generalist Shares of 0.1p each ("Generalist Shares") and Healthcare Shares of 0.1p each ("Healthcare Shares") pursuant to the Offers for Subscription that opened on 8 December 2016 ("Offers") as follows:

2,638,490 Generalist Shares at an average price of 102.95p; and
667,497 Healthcare Shares at an average price of 102.11p.

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 2017.

Following this allotment, the issued share capital and total voting rights of the Company are summarised follows:

	Shares in issue	Voting rights per share	Voting rights
DSO B Shares of 0.1 pence each	19,911,070	206	4,101,680,420
DSO C Shares of 0.1 pence each	29,926,070	1	29,926,070
DSO D Shares of 0.1 pence each	7,867,247	925	7,277,203,475
DP2011 General Ordinary Shares of 0.1 pence each	15,644,066	213	3,332,186,058
DP2011 General A Shares Shares of 0.1 pence each	18,418,614	113	2,081,303,382
DP2011 Structured Ordinary Shares of 0.1 pence each	10,678,725	219	2,338,640,775
DP2011 Structured A Shares of 0.1 pence each	12,572,817	113	1,420,728,321
DP2011 Low Carbon Ordinary Shares of 0.1 pence each	7,575,419	500	3,787,709,500
DP67 Ordinary Shares of 0.1 pence each	11,239,785	750	8,429,838,750
Generalist Shares of 0.1 pence each	5,209,537	1,146	5,970,129,402
Healthcare Shares of 0.1 pence each	2,138,191	1,146	2,450,366,886
Total voting rights			41,219,713,039

Included in this issue of equity under the Offers were allotments to PDMRs as follows:

Director / PDMR		Shares allotted		Issue price
		Generalist Shares	Healthcare Shares	Generalist Shares	Healthcare Shares
Sir Aubrey Brocklebank	Director	-	5,000	-	100.0p

Following this allotment, Sir Aubrey Brocklebank's shareholding in the Company is summarised as follows:

Share class	Shareholding	% of shares  in issue
DP2011 Low Carbon Shares	5,175	0.07%
Healthcare Shares	5,000	0.23%

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Downing FOUR VCT plc via Globenewswire