Issue of Equity

Downing FOUR VCT plc
LEI: 21380035MV1VRYEXPR95
6 April 2021
Issue of Equity

The Directors of Downing FOUR VCT plc announce an allotment on 5 April 2021 of Generalist Shares of 0.1p each (“Generalist Shares”) and Healthcare Shares of 0.1p each (“Healthcare Shares”) pursuant to the Offers for Subscription that opened on 22 March 2021 (“Offers”) as follows:

Date	Generalist Shares	Average issue price per share		Healthcare Shares	Average issue price per share
5 April 2021	375,458	68.04p		330,796	72.56p

Application for these 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 14 April 2021.

Following these allotments, the issued share capital and total voting rights (excluding management shares) of the Company are summarised follows:

	Shares in issue	Voting rights per share	Voting rights
DSO D Shares of 0.1 pence each	7,867,247	232	1,825,201,304
DP67 Ordinary Shares of 0.1 pence each	11,192,136	375	4,197,051,000
Generalist Shares of 0.1 pence each	47,684,290	860	41,008,489,400
Healthcare Shares of 0.1 pence each	19,560,887	860	16,822,362,820
Total Voting Rights			63,853,104,524