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Issue of Equity

15 Jan 2021 17:29

Issue of Equity

Downing FOUR VCT plcLEI: 21380035MV1VRYEXPR9515 January 2021Issue of Equity

The Directors of Downing FOUR VCT plc announce an allotment on 15 January 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 27 February 2020 (“Offers”) as follows:

DateGeneralist SharesAverage issue price per share Healthcare SharesAverage issue price per share
15 January 2021649,18262.41p 208,57067.62p

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 21 January 2021.

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

 Shares in issueVoting rightsper ShareVoting rights
DSO D Shares of 0.1 pence each7,867,2472321,825,201,304
DP67 Ordinary Shares of 0.1 pence each11,192,1363754,197,051,000
Generalist Shares of 0.1 pence each46,635,95986040,106,924,740
Healthcare Shares of 0.1 pence each19,052,13886016,384,838,680
Total voting rights  62,514,015,724

Included in these issues of equity under the Offers were allotments of Generalist Shares to PDMRs as follows:

Director / PDMR Generalist Shares issuedIssue price
Tony McGingPDMR163,39861.2p
Nick LewisPDMR163,39861.2p

Following these allotments, above PDMRs had the following holdings in the Company's Generalist Shares:

Director / PDMR Generalist Shares held% of Generalist Shares in issue
Tony McGingPDMR270,8690.58%
Nick LewisPDMR163,3980.35%

Related Shares

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