Downing ONE VCT plc : Issue of Equity

Downing ONE VCT plc
4 April 2014
Issue of Equity

The Directors of Downing ONE VCT plc announce an allotment on 4 April 2014  of ordinary shares of 1p each ("Ordinary Shares") pursuant to the Offer for Subscription that opened on 8 January 2014 ("Offer") as follows:

1,423,916 Ordinary Shares at an average price of 102.45p

Included within the above are allotments to Directors and PDMRs as follows:

Director / PDMR		Shares allotted	Issue price
Tony McGing	Manager	20,203	98.99p
Grant Whitehouse	Manager	20,203	98.99p

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 2014.

The 2013/2014 Offer has now closed.  The 2014/2015 Offer will close on 30 April 2014 unless previously extended or fully subscribed at an earlier date.

Following this allotment, the issued share capital and total voting rights of the Company is Ordinary Shares 76,431,021.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Downing ONE VCT plc via Globenewswire

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