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Downing ONE VCT plc - Issue of Equity

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Downing ONE VCT plc
·1-min read
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Downing ONE VCT plc
LEI: 213800R88MRC4Y3OIW86

01 April 2021
Issue of Equity

The Directors of Downing ONE VCT plc announce an allotment on 1 April 2021 of ordinary shares of 1p each (“Ordinary Shares”) pursuant to the Offer for Subscription that opened on 11 September 2020 (“Offer”) as follows:

11,324,595 Ordinary Shares at an average price of 59.2p per share.

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 2021.

Following this allotment, the issued share capital and total voting rights of the Company is 172,418,663 Ordinary Shares.

Included in the issue of equity under the offer was an allotment to a PDMR as follows:



Director / PDMR

Shares
allotted

Issue
price

Shareholding
after allotment

% of shares
in issue

Tony McGing

PDMR

87,032

57.45p

411,672

0.24%