Downing One VCT plc
29 February 2016
Issue of Equity (DRIS)
The Company announces that, on 26 February 2016, it allotted 136,995 Ordinary Shares of 1p each in respect of Shareholders who agreed to subscribe for shares under the terms of the Company's Dividend Reinvestment Scheme in respect of the dividend of 3.0p per Ordinary Share paid on 26 February 2016.
The shares were issued at 95.1p per share (being the unaudited net asset value as at 31 January 2016 of 98.1p per share adjusted for the dividend).
These shares will rank pari passu with existing Ordinary Shares.
Application for the 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.