Downing ONE VCT plc
8 January 2014
Offer for Subscription
Downing ONE VCT plc (the "Company") announces that it has published a Securities Notes and Summary which, together with the Registration Document published on 7 October 2013, comprise a Prospectus, to raise up to £20,000,000 (with an over-allotment facility of up to a further £10,000,000) through an offer for subscription of New Ordinary Shares (the "Offer").
The Offer opened on 8 January 2014 and is expected to close no later than 4 April 2014 in the case of the 2013/14 Offer and 30 April 2014 in the case of the 2014/15 Offer (unless previously extended). The Offer is for up to approximately 19,920,319 Ordinary Shares in the Company.
A downloadable version of the Securities Note will shortly be available from www.downing.co.uk.
Printed copies can also be requested by calling 020 7416 7780.
A copy of the Prospectus (comprising a Securities Note, Registration Document and Summary) is available, free of charge, from Downing LLP at the Company's registered office:
10 Lower Grosvenor Place
London SW1W 0EN
In accordance with the Listing Rules, the Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do