Downing Two VCT Downing Two Vct Plc : Issue Of Equity

 
TIDMDP2C 
 
   Downing TWO VCT plc 
 
   31 March 2016 
 
   Issue of Equity 
 
   The Directors of Downing TWO VCT plc are pleased to announce an 
allotment on 31 March 2016 totalling 2,116,491 K shares of 0.1p each ("K 
Shares") payable at an average price of 102.64p per share pursuant to 
the Offers for Subscription that opened on 15 December 2015. 
 
   Application for the K 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 at the earliest practicable 
opportunity. 
 
   Following this allotment, the issued share capital and total voting 
rights of the Company is as follows: 
 
 
 
 
                                                Voting rights 
                               Shares in issue    per share      Voting rights 
C Shares of 0.1 pence each           7,126,194              1        7,126,194 
A Shares of 0.1 pence each          10,724,029              - 
D Shares of 0.1 pence each          10,000,000              1       10,000,000 
E Shares of 0.1 pence each          14,950,000              - 
F Shares of 0.1 pence each          10,822,154              1       10,822,154 
G Shares of 0.1 pence each          25,386,546              1       25,386,546 
K Shares of 0.1 pence each           7,370,266              1        7,370,266 
Total voting rights                                                 60,705,160 
 
 
   Included in this issue of equity, and that on 18 February 2016, that 
took place under the Offer for Subscription that opened on 14 December 
2015 were allotments to PDMRs as follows: 
 
 
 
 
                             Shares allotted  Issue 
  Director / PDMR                              price 
Grant Whitehouse   PDMR      25,000           100.00p 
Hugh Gillespie     Director  4,956            100.00p 
 
 
   Following this allotment, Grant Whitehouse's shareholding in the Company 
is summarised as follows: 
 
 
 
 
                                % of shares 
  Share class     Shareholding    in issue 
A Shares               215,252        2.01% 
E Shares               250,000        1.67% 
G Shares                39,489        0.16% 
K Shares                25,000        0.10% 
 
 
   Following this allotment, Hugh Gillespie's shareholding in the Company 
is summarised as follows: 
 
 
 
 
                                % of shares 
  Share class     Shareholding    in issue 
C Shares                 5,250        0.07% 
A Shares                 5,250        0.05% 
G Shares                 4,900        0.02% 
K Shares                 4,956        0.02% 
 
 
 
   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 TWO VCT plc via Globenewswire 
 
   HUG#1999541 
 
 
 
 

(END) Dow Jones Newswires

April 01, 2016 04:43 ET (08:43 GMT)

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