Downing Income VCT 4 plc Downing Income VCT 4 plc : Share Realisation and Reinvestment Programme ("SRRP") and Top-up Offer

 
TIDMDI4O 
 
Downing Income VCT 4 plc 
21 March 2013 
Share Realisation and Reinvestment Programme ("SRRP") and Top-up Offer 
 
On 17 December 2012, the Company published an Offer Document in respect of (i) a 
Tender  Offer and  Substitute Share  Offer, together  the Share  Realisation and 
Reinvestment  Programme  ("SRRP"),  to  allow  existing Ordinary Shareholders to 
subscribe  for up to 48.5% of  the issued Ordinary Share  Capital of the Company 
from  the proceeds of selling their existing Ordinary Shares back to the Company 
and (ii) a Top-up Offer to issue up to 2,000,000 additional Ordinary Shares. 
 
The  Directors of the Company are pleased to announce that, on 21 March 2013, in 
accordance with the terms of the SRRP: 
 
 ·          A total of 5,370,466 Ordinary  Shares were purchased for cancellation 
at a price of 35.0p per Ordinary Share. 
 
 ·          A total of 5,209,272 Ordinary Shares  were allotted in respect of the 
proceeds  of the  shares tendered  for cancellation  at a price of approximately 
36.0824p per Ordinary Share. 
 
The  Directors of the Company are also pleased to announce that 135,109 Ordinary 
Shares  were allotted  under the  Top-up Offer  on 21 March  2013 at a  price of 
36.0824p per Ordinary Share. 
 
The Top-up Offer and the SRRP are now closed. 
 
Application  for the  total of  5,344,381 Ordinary 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 practical 
opportunity. 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
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(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Downing Income VCT 4 plc via Thomson Reuters ONE 
[HUG#1687218]