Downing FOUR VCT plc : Issue of Equity

Downing FOUR VCT plc
20 June 2017
Issue of Equity

The Directors of Downing FOUR VCT plc announce an allotment on 19 June 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:

1,017,852 Generalist Shares at an average price of 104.51p; and
796,701 Healthcare Shares at an average price of 104.87p.

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 23 June 2017.

The Company further announces that 44,050 Generalist Shares and 9,825 Healthcare Shares that were allotted on 5 April 2017 have now been forfeited and cancelled following the failure by two investors to pay the sums due on these shares.  The forfeiture and cancellation of the shares has taken place in accordance with the process set out in the Company's Articles of Association.

Following this allotment and cancellation, 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 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	27,998,650	1,146	32,086,452,900
Healthcare Shares of 0.1 pence each	6,503,489	1,146	7,452,998,394
Total voting rights			72,338,668,045

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Source: Downing FOUR VCT plc via Globenewswire