Downing FOUR VCT plc : Issue of Equity
Downing FOUR VCT plc
10 February 2017
Issue of Equity
The Directors of Downing FOUR VCT plc announce an allotment on 10 February 2017 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 8 December 2016 ("Offers") as follows:
2,571,047 Generalist Shares at an average price of 101.75p; and
1,470,694 Healthcare Shares at an average price of 101.62p.
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 21 February 2017.
Following this allotment, the issued share capital and total voting rights of the Company are summarised follows:
|
Shares in issue |
Voting rights
per share |
Voting rights | |
| DSO B Shares of 0.1 pence each | 19,911,070 | 206 | 4,101,680,420 |
| DSO C Shares of 0.1 pence each | 29,926,070 | 1 | 29,926,070 |
| DSO D Shares of 0.1 pence each | 7,867,247 | 925 | 7,277,203,475 |
| DP2011 General Ordinary Shares of 0.1 pence each | 15,644,066 | 213 | 3,332,186,058 |
| DP2011 General A Shares Shares of 0.1 pence each | 18,418,614 | 113 | 2,081,303,382 |
| DP2011 Structured Ordinary Shares of 0.1 pence each | 10,678,725 | 219 | 2,338,640,775 |
| DP2011 Structured A Shares of 0.1 pence each | 12,572,817 | 113 | 1,420,728,321 |
| DP2011 Low Carbon Ordinary Shares of 0.1 pence each | 7,575,419 | 500 | 3,787,709,500 |
| DP67 Ordinary Shares of 0.1 pence each | 11,239,785 | 750 | 8,429,838,750 |
| Generalist Shares of 0.1 pence each | 2,571,047 | 1,146 | 2,946,419,862 |
| Healthcare Shares of 0.1 pence each | 1,470,694 | 1,146 | 1,685,415,324 |
| Total voting rights | 37,431,051,937 |
Included in this issue of equity under the Offers were allotments to PDMRs as follows:
| Director / PDMR | Shares allotted | Issue price | |||
| Generalist Shares | Healthcare Shares | Generalist Shares | Healthcare Shares | ||
| Tony McGing | PDMR | 50,000 | 50,000 | 100.0p | 100.0p |
Following this allotment, Tony McGing's shareholding in the Company is summarised as follows:
|
Share class |
Shareholding |
% of shares
in issue |
| DSO B Shares | 47,639 | 0.24% |
| DSO C Shares | 947,639 | 3.2% |
| DSO D Shares | 30,504 | 0.4% |
| DP2011 General A Shares | 297,934 | 1.62% |
| DP2011 Structured A Shares | 206,505 | 1.64% |
| DP67 Ordinary Shares | 52,140 | 0.46% |
| Generalist Shares | 50,000 | 1.94% |
| Healthcare Shares | 50,000 | 3.4% |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Downing FOUR VCT plc via GlobeNewswire
