Net Asset Value(s) and Portfolio update

Downing ONE VCT plc
LEI: 213800R88MRC4Y3OIW86
N et A sset V alue s
23 August 2021

Downing ONE VCT plc announces that its unaudited Net Asset Value as at 30 June 2021 and 31 July 2021 were 60.6p per share and 61.0p per share respectively.

The unaudited investment portfolio and net assets as at 31 July 2021 are summarised as follows:

18 largest investments (by value)		Valuation £’000	% of net assets by value
1	Tracsis plc*	7,475	6.9%
2	Downing Care Homes Holdings Limited	5,648	5.2%
3	Doneloans Limited	4,595	4.2%
4	Anpario plc*	4,206	3.9%
5	Downing Strategic Micro-Cap Investment Trust plc**	3,710	3.4%
6	Baron House Developments LLP	3,234	3.0%
7	Carbice Corporation	2,816	2.6%
8	StorageOS Inc	2,773	2.5%
9	E-Fundamentals (Group) Limited	2,760	2.5%
10	Harrogate Street LLP	2,113	1.9%
11	Pilgrim Trading Limited	2,079	1.9%
12	Hummingbird Technologies Limited	2,035	1.9%
13	Imagen Limited	2,019	1.9%
14	Cornelis Networks Inc	1,951	1.8%
15	Trinny London Limited	1,935	1.8%
16	Virtual Class Limited	1,928	1.8%
17	Cadbury House Holdings Limited	1,801	1.6%
18	Impact Healthcare REIT plc**	1,729	1.6%
		54,807	50.4%
Other investments (78 companies)		38,478	35.3%
Total investments		93,285	85.7%
Cash at bank and in hand		14,548	13.4%
Other net current assets		1,021	0.9%
Net Assets		108,854	100.0%
* Quoted on AIM
** Listed and traded on the Main Market of the London Stock Exchange
All other investments unquoted.