Issue of Equity

Downing FOUR VCT plc
LEI: 21380035MV1VRYEXPR95
2 February 2022
Issue of Equity

The Directors of Downing FOUR VCT plc announce allotments on 1 February 2022 of Ventures Shares of 0.1p each (“Ventures Shares”), Healthcare Shares of 0.1p each (“Healthcare Shares”) and AIM Shares of 0.1p each (“AIM Shares”) pursuant to the Offers for Subscription which opened on 12 August 2021 (“Offers”) as follows:

Date	Shares	Average issue price per share
Ventures Shares	621,921	68.74p
Healthcare Shares	404,939	87.46p
AIM Shares	190,847	101.65p

Application for these 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 7 February 2022.

Following these allotments, the issued share capital and total voting rights (excluding management shares) of the Company are summarised follows:

		Voting
	Shares	rights	Voting
	in issue	per share	rights
DSO D Shares of 0.1 pence each	7,867,247	232	1,825,201,304
DP67 Ordinary Shares of 0.1 pence each	11,192,136	375	4,197,051,000
Ventures Shares (excluding Mgt Shares)	51,030,607	860	43,886,322,020
Healthcare Shares (excluding Mgt Shares)	21,335,109	1,146	24,450,034,914
AIM Shares	1,155,123	1,146	1,323,770,958
Total Voting Rights			75,682,380,196