Issue of Equity

Downing FOUR VCT plc
LEI: 21380035MV1VRYEXPR95
6 April 2022
Issue of Equity

The Directors of Downing FOUR VCT plc announce allotments on 5 April 2022 of Ventures Shares of 0.1p each (“Ventures Shares”), Healthcare Shares of 0.1p each (“Healthcare Shares”) and AIM Shares of 0.1p each (“AIM Shares”) pursuant to the Offers for Subscription which opened on 12 August 2021 (“Offers”) as follows:

Date	Shares	Average issue price per share
Ventures Shares	1,537,931	69.42
Healthcare Shares	408,992	84.88
AIM Shares	516,056	102.66

Application for these 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 12 April 2022.

Following these allotments, the issued share capital and total voting rights (excluding management shares) of the Company are summarised follows:

		Voting
	Shares	rights	Voting
	in issue	per share	rights
DSO D Shares	7,867,247	232	1,825,201,304
DP67 Ordinary Shares	11,192,136	375	4,197,051,000
Ventures Shares	55,590,823	860	47,808,107,780
Healthcare Shares	22,600,541	1,146	25,900,219,986
AIM Shares	2,551,046	1,146	2,923,498,716
Total Voting Rights			82,654,078,786