Issue of Equity

Downing FOUR VCT plc
LEI: 21380035MV1VRYEXPR95
1 9 April 2022
Issue of Equity

The Directors of Downing FOUR VCT plc announce allotments on 14 April 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	89,405	68.79
Healthcare Shares	127,849	84.67
AIM Shares	29,865	102.13

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 25 April 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	7,867,247	232	1,825,201,304
DP67 Ordinary Shares	11,192,136	375	4,197,051,000
Ventures Shares	55,680,228	860	47,884,996,080
Healthcare Shares	22,728,390	1,146	26,046,734,940
AIM Shares	2,580,911	1,146	2,957,724,006
Total Voting Rights			82,911,707,330