Downing FOUR VCT plc
LEI: 21380035MV1VRYEXPR95
26 February 2019
Issue of Equity
The Directors of Downing FOUR VCT plc announce an allotment on 26 February 2019 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 14 November 2018 (Offers) as follows:
4,066,200 Generalist Shares at an average price of 89.21p; and
2,493,741 Healthcare Shares at an average price of 86.42p.
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 4 March 2019.
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 D Shares of 0.1 pence each | 7,867,247 | 463 | 3,642,535,361 |
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 |
DP67 Ordinary Shares of 0.1 pence each | 11,192,136 | 750 | 8,394,102,000 |
Generalist Shares of 0.1 pence each | 42,767,295 | 1,146 | 49,011,320,070 |
Healthcare Shares of 0.1 pence each | 17,692,101 | 1,146 | 20,275,148,033 |
Total voting rights | 90,495,964,000 |
Included in these issues 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 | |||
Tony McGing | PDMR | 57,471 | 59,523 | 87.0p | 84.0p |
Following these allotments, Tony McGings shareholding in the Company is summarised as follows:
Share class | Shareholding | % of shares in issue | |
Generalist Shares | 107,471 | 0.28% | |
Healthcare Shares | 109,523 | 0.72% |