Downing ONE VCT plc
1 April 2015
Issue of Equity
The Directors of Downing ONE VCT plc announce an allotment on 1 April 2015 of ordinary shares of 1p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 12 December 2014 ("Offer") as follows:
2,359,237 Ordinary Shares at an average price of 96.71p.
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 9 April 2015.
Following this allotment, the issued share capital and total voting rights of the Company is Ordinary Shares 82,157,733.
Included in the issue of equity on 1 April 2015 that took place under the Offer for Subscription that opened on 12 December 2014 was an allotment to a director of the Company/ Person Discharging Managerial Responsibility ("PDMR") as follows:
Director / PDMR | Shares allotted | Issue price | Shareholding | % of shares in issue | |
Struan Dott | PDMR | 10,529 | 94.97p | 10,529 | 0.01 |