Downing ONE VCT plc - Portfolio Update

Downing ONE VCT plc
LEI: 213800R88MRC4Y3OIW86
Portfolio update
11 September 2020

The Company announces that the unaudited investment portfolio and net assets as at 31 July 2020 are summarised as follows:

22 largest investments (by value)		Valuation £’000	% of net assets by value
1	Doneloans Limited	5,296	5.8%
2	Tracsis plc*	4,393	4.8%
3	Downing Care Homes Holdings Limited	4,117	4.5%
4	Baron House Developments LLP	3,773	4.1%
5	Downing Strategic Micro-Cap Investment Trust plc**	2,279	2.5%
6	Anpario plc*	2,165	2.4%
7	Pilgrim Trading Limited	2,120	2.3%
8	Harrogate Street LLP	2,057	2.3%
9	E-Fundamentals (Group) Limited	1,835	2.0%
10	Cadbury House Holdings Limited	1,801	2.0%
11	Universe plc*	1,560	1.7%
12	Parsable Inc	1,532	1.7%
13	Inland Homes plc*	1,526	1.7%
14	Impact Healthcare REIT plc**	1,470	1.6%
15	Data Centre Response Limited	1,308	1.4%
16	Nomansland Biogas Limited	1,300	1.4%
17	Rated People Limited	1,282	1.4%
18	Lignia Wood Company Limited	1,250	1.4%
19	Craneware plc*	1,201	1.3%
20	Cohort plc*	1,159	1.3%
21	Curo Compensation Limited	1,143	1.3%
22	StreetHub Limited	1,101	1.2%
		45,668	50.1%
Other investments (71 companies)		23,838	26.2%
Total investments		69,506	76.2%
Cash at bank and in hand		20,731	22.8%
Other net current assets		868	1.0%
Net Assets		91,105	100.0%
* Quoted on AIM
** Listed and traded on the Main Market of the London Stock Exchange
All other investments unquoted.