Downing FOUR VCT plc Downing Four Vct Plc : Issue Of Equity
December 04 2017 - 7:20AM
UK Regulatory
TIDMD467
Downing FOUR VCT plc
4 December 2017
LEI: 21380035MV1VRYEXPR95
Issue of Equity
Further to the Company's announcement earlier today and in line with the
closing of the Offer for Subscription that opened on 8 December 2016
("Offer"), the Company also announces that it has allotted 2,993,571
Healthcare Shares to members of the management team ("Management
Shares") at an issue price of 0.1p per share as part of the Performance
Incentive Scheme described in the prospectus dated 8 December 2016
("Prospectus"). The holders of the Management Shares will not exercise
any voting rights attaching to these shares and will waive any of their
entitlement to distributions payable on these shares unless, and to the
extent that, the performance hurdle described in the Prospectus has been
met.
Application for all 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 7 December 2017.
Following this allotment, the issued share capital and total voting
rights of the Company are summarised follows:
Voting rights per
Shares in issue share Voting rights
DSO B Shares of 0.1
pence each 19,911,070 206 4,101,680,420
DSO C Shares of 0.1
pence each 29,926,070 1 29,926,070
DSO D Shares of 0.1
pence each 7,867,247 925 7,277,203,475
DP2011 General
Ordinary Shares of
0.1 pence each 15,644,066 213 3,332,186,058
DP2011 General A
Shares of 0.1 pence
each 18,418,614 113 2,081,303,382
DP2011 Structured
Ordinary Shares of
0.1 pence each 10,678,725 219 2,338,640,775
DP2011 Structured A
Shares of 0.1 pence
each 12,572,817 113 1,420,728,321
DP2011 Low Carbon
Ordinary Shares of
0.1 pence each 7,575,419 500 3,787,709,500
DP67 Ordinary Shares
of 0.1 pence each 11,239,785 750 8,429,838,750
Generalist Shares of
0.1 pence each 37,875,979 1,146 43,405,871,934
Healthcare Shares of
0.1 pence each 14,967,856 1,146 17,153,163,263
Total voting rights 93,358,251,948
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq 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
(END) Dow Jones Newswires
December 04, 2017 07:20 ET (12:20 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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