Downing Strd Opp 1 Downing Four Vct Plc : Net Asset Value(s)

 
TIDMDO1O 
 
   Downing FOUR VCT plc 
 
   Net Asset Values 
 
   28 July 2015 
 
   The Company announces that the estimated unaudited net asset value 
("NAV") of its various share classes as at 21 July 2015 (immediately 
following the completion of the merger) were as follows: 
 
 
 
 
                                    Unaudited    Dividends     Total 
  Share Class                          NAV      paid to date   Return 
DSO Ordinary Shares                      54.6           80.0    134.6 
DSO A Shares                              0.1              -      0.1 
                                                                134.7 
 
DSO B Shares                             71.0           32.5    103.5 
DSO C Shares                              0.1              -      0.1 
                                                                103.6 
 
DSO D Shares                             80.9           15.0     95.9 
 
DP2011 General Ordinary Shares           77.2           20.0     97.2 
DP2011 General A Shares                   6.1              -      6.1 
                                                                103.3 
 
DP2011 Structured Ordinary Shares        79.6           20.0     99.6 
DP2011 Structured A Shares                6.2              -      6.2 
                                                                105.8 
 
DP2011 Low Carbon Ordinary Shares        88.8           21.4    110.2 
 
DP67 Ordinary Shares                     60.3           21.7     82.0 
 
 
   "Dividends paid to date" includes all dividends paid by the original 
companies prior to the recent merger. 
 
   DSO Ordinary Shares/DSO A Shares do not include any provision for a 
performance fee to management which may become payable. It is estimated 
that this fee might be equivalent to 7.0p per DSO Ordinary Share and 
would reduce the Total Return shown above by 7.0p. Shareholders should 
note that, when and if the performance fee hurdles are met, value will 
be reapportioned between the DSO Ordinary Shares and DSO A Shares to 
facilitate the payment of the performance fee to management by way of 
dividends on the DSO A Shares. 
 
   DSO B Shares/DSO C Shares do not include any provision for a performance 
fee to management which may become payable. It is estimated that this 
fee might be equivalent to 3.6p per DSO B Share and would reduce the 
Total Return shown above by 3.6p. Shareholders should note that, when 
and if the performance fee hurdles are met, value will be reapportioned 
between the DSO B Shares and DSO C Shares to facilitate the payment of 
the performance fee to management by way of dividends on the DSO C 
Shares. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   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 
 
   HUG#1941671