Downing FOUR VCT plc : Issue of Equity

Downing FOUR VCT plc
4 December 2017
LEI: 21380035MV1VRYEXPR95
Issue of Equity

Further to the Company's announcement earlier today and in line with the closing of the Offer for Subscription that opened on 8 December 2016 ("Offer"), the Company also announces that it has allotted 2,993,571 Healthcare Shares to members of the management team ("Management Shares") at an issue price of 0.1p per share as part of the Performance Incentive Scheme described in the prospectus dated 8 December 2016 ("Prospectus"). The holders of the Management Shares will not exercise any voting rights attaching to these shares and will waive any of their entitlement to distributions payable on these shares unless, and to the extent that, the performance hurdle described in the Prospectus has been met.

Application for all 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 7 December 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 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	37,875,979	1,146	43,405,871,934
Healthcare Shares of 0.1 pence each	14,967,856	1,146	17,153,163,263
Total voting rights			93,358,251,948

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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