Issue of Equity

Downing FOUR VCT plc
LEI: 21380035MV1VRYEXPR95
30 March 2022
Issue of Equity

The Directors of Downing FOUR VCT plc announce allotments on 30 March 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	Ventures Shares	Average issue price per share
Ventures Shares	2,426,974	69.83
Healthcare Shares	744,037	85.62
AIM Shares	587,907	102.42

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 4 April 2022.

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

	Shares in issue	Voting rights per share	Voting rights
DSO D Shares of 0.1 pence each	7,867,247	232	1,825,201,304
DP67 Ordinary Shares of 0.1 pence each	11,192,136	375	4,197,051,000
Ventures Shares	54,112,154	860	46,536,452,440
Healthcare Shares	22,206,436	1,146	25,448,575,656
AIM Shares	2,034,990	1.146	2,332,098,540
Total V oting R ights			80,339,378,940