Downing Three VCT Downing Three Vct Plc : Offers For Subscription
December 18 2013 - 10:47AM
UK Regulatory
TIDMDP3C
Downing THREE VCT plc
18 December 2013
Offers for Subscription
Downing THREE VCT plc (the "Company") announces that it has published a
Prospectus (comprising a Securities Note, Registration Document and
Summary) to raise up to GBP25 million net proceeds (the "Offers")
through a new share class issue.
The Company has also published a circular (the "Circular") seeking
shareholder approval for matters in connection with the Offers and
giving notice for a General Meeting to be held on 11 February 2014.
The Offers opened on 18 December 2013 and are expected to close no later
than 4 April 2013 in the case of the 2013/14 Offer and 30 April 2013 in
the case of the 2014/15 Offer (unless previously extended). The Offers
are for up to 25,000,000 H Shares in the Company.
A downloadable version of the Securities Note is available from
www.downing.co.uk.
Printed copies can also be requested by calling 020 7416 7780.
A copy of the Prospectus (comprising a Securities Note, Registration
Document and Summary) and Circular is available, free of charge, from
the Company's registered office:
Downing LLP
10 Lower Grosvenor Place
London SW1W 0EN
In accordance with the Listing Rules, the Prospectus and Circular have
been submitted to the National Storage Mechanism and will shortly be
available for inspection at: www.hemscott.com/nsm.do
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 Planned EXIT VCT 3 plc via Globenewswire
HUG#1750937
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