Issue of Equity (DRIS)

21 Sep 2020 17:39

Downing One VCT plcLEI: 213800R88MRC4Y3OIW8621 September 2020Issue of Equity (DRIS)

The Company announces that, on 18 September 2020, it allotted 822,328 Ordinary Shares of 1p each in respect of Shareholders who agreed to subscribe for shares under the terms of the Company’s Dividend Reinvestment Scheme in respect of the dividend of 2.0p per Ordinary Share paid on 18 September 2020.

The shares were issued at 57.1p per share (being the unaudited net asset value as at 30 June 2020 of 59.1p per share adjusted for the dividend).

These shares will rank pari passu with existing Ordinary Shares.

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 at the earliest practicable opportunity. Dealings are expected to commence on or around 28 September 2020.