Downing ONE VCT plc - Portfolio Update

Downing ONE VCT plc
LEI: 213800R88MRC4Y3OIW86
Portfolio update
17 September 2019

The Company announces that the unaudited investment portfolio and net assets as at 31 July 2019 are summarised as follows:

21 largest investments (by value)		Valuation £’000	% of net assets by value
1	Doneloans Limited	5,598	5.3%
2	Tracsis plc*	4,932	4.7%
3	Downing Care Homes Holdings Limited	4,495	4.3%
4	Baron House Developments LLP	3,773	3.6%
5	Leytonstone Pub Limited	3,611	3.4%
6	Downing Strategic Micro-Cap Investment Trust plc**	3,100	3.0%
7	Cadbury House Holdings Limited	3,075	2.9%
8	Pilgrim Trading Limited	2,594	2.5%
9	Xupes Limited	2,250	2.1%
10	Anpario plc*	2,103	2.0%
11	Harrogate Street LLP	2,057	2.0%
12	Inland Homes plc*	2,045	2.0%
13	Jito Trading Limited	1,875	1.8%
14	Avid Technologies Group Limited	1,659	1.6%
15	Pearce and Saunders Limited	1,653	1.6%
16	Lignia Wood Company Limited	1,533	1.5%
17	Pantheon Trading Limited	1,500	1.4%
18	Craneware plc*	1,482	1.4%
19	Data Centre Response Limited	1,414	1.4%
20	Nomansland Biogas Limited	1,300	1.2%
21	Rated People Limited	1,282	1.2%
		53,331	50.9%
Other investments (71 companies)		32,531	31.1%
Total investments		85,862	82.0%
Cash at bank and in hand		15,701	15.0%
Other net current assets		3,142	3.0%
Net Assets		104,705	100.0%
* Quoted on AIM
** Listed and traded on the Main Market of the London Stock Exchange
All other investments unquoted.