Downing Three VCT Downing Three Vct Plc : Offers For Subscription
December 11 2014 - 2:26PM
UK Regulatory
TIDMDP3C
Downing THREE VCT plc
11 December 2014
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 8 January 2015.
The Offers opened on 11 December 2014 and are expected to close no later
than 3.00pm on 2 April 2015 in the case of the 2014/15 Offer and 3.00 pm
on 30 April 2015 in the case of the 2015/16 Offer (unless previously
extended). The Offers are for up to 25,000,000 J Shares in the Company.
A downloadable version of the Securities Note will be 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
Ergon House,
Horseferry Road,
London
SW1P 2AL
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.morningstar.co.uk/uk/nsm
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 THREE VCT plc via Globenewswire
HUG#1879391
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