Downing FOUR VCT Plc

Shareholder information

Overview

Downing FOUR VCT plc invests in a portfolio of VCT qualifying investments with both evergreen and limited life  share classes. It currently has four share classes and is launching a fifth. 

In 2016, the Company launched a Generalist share class and a Healthcare share class, both of which are evergreen. In 2021, the Company announced plans to launch a new evergreen AIM share class and rename the existing Generalist share class as the Ventures share class. 

The Company also has two active limited life share classes, DSO D and DP67, which are in the process or exiting from investments to return funds to investors.

In July 2015 the Company changed its name from Downing Structured Opportunities VCT 1 plc as it completed a merger with three other Downing VCTs.

Additional Information

  • Current NAVs and total returns
    Share classNAV dateNAVTotal returnNotes
    DSO D Shares31 July 20219.6p*104.1p**Adjusted for an estimated performance incentive of 0.4p per DSO D Share
    DP67 Ordinary Shares31 July 202119.5p87.3p
    Ventures Shares31 July 202165.85p71.1p*adjusted for quoted investment valuations movements to 22 Sept 2021 and the dividend paid on 24 Sept 2021
    Healthcare Shares31 July 202192.05p97.3p*adjusted for quoted investment valuations movements to 22 Sept 2021 and the dividend paid on 24 Sept 2021
    DP2011 General Ordinary Shares27 September 2019-70.0pReturn of funds now complete
    DP2011 General A Shares27 September 2019-35.595pReturn of funds now complete
    DP2011 Structured Ord Shares27 September 2019-70.0pReturn of funds now complete
    DP2011 Structured A Shares27 September 2019-35.059pReturn of funds now complete


  • Share prices
  • Forthcoming Dividends

    No forthcoming dividends currently announced.

  • Dividend history

    Ventures Shares

    Date PaidTypePence per share
    25/09/2020Interim2.50
    24/09/2021Final2.75

    Total5.25

    Healthcare Shares

    Date PaidTypePence per share
    25/09/2020Interim2.50
    24/09/2021Final2.75

    Total5.25

    DSO D Shares

    Date PaidTypePence per share
    28/09/2012Final2.50
    25/01/2013Interim2.50
    13/09/2013Final2.50
    24/01/2014Interim2.50
    30/09/2014Final2.50
    30/01/2015Interim2.50
    30/09/2015Final2.50
    23/12/2015Interim2.50
    30/09/2016Final2.50
    06/01/2017Interim2.50
    29/09/2017Final2.50
    02/11/2017Special25.00
    13/08/2018Interim24.00
    29/11/2019Special18.00

    Total94.50


    DP67 Ordinary Shares

    Date PaidTypePence per share
    31/07/2008Final1.75
    31/07/2009Final2.00
    30/07/2010Final2.00
    22/07/2011Final2.00
    29/06/2012Final2.00
    28/06/2013Final4.00
    25/07/2014Final4.00
    25/07/2015Final4.00
    23/12/2015Interim2.00
    30/09/2016Final2.00
    06/01/2017Interim2.00
    29/09/2017Final2.00
    16/03/2018Special20.00
    29/11/2019Special18.00

    Total67.75


    Old Share Classes:

    DSO Ordinary Shares

    Date PaidTypePence per share
    25/09/2009Interim2.50
    29/01/2010Interim2.50
    30/09/2010Final2.50
    28/01/2011Interim2.50
    30/09/2011Final2.50
    27/01/2012Interim2.50
    28/09/2012Final2.50
    25/01/2013Interim2.50
    19/07/2013Interim15.00
    24/01/2014Interim2.50
    30/09/2014Final2.50
    20/03/2015Capital40.00
    24/03/2016Special36.16

    Total116.16

    DSO A Shares

    Date PaidTypePence per share
    24/03/2016Special15.50

    Total15.50


    DSO B Shares

    Date PaidTypePence per share
    30/09/2010Final2.50
    28/01/2011Interim2.50
    30/09/2011Final2.50
    27/01/2012Interim2.50
    28/09/2012Final2.50
    25/01/2013Interim2.50
    13/09/2013Final2.50
    24/01/2014Interim2.50
    30/09/2014Final10.00
    30/01/2015Interim2.50
    23/12/2015Capital40.00
    24/03/2016Special19.00
    26/01/2018Special4.444

    Total95.944

    DSO C Shares

    Date PaidTypePence per share
    26/01/2018Special10.939

    Total10.939


    DP2011 Structured Ordinary Shares

    Date PaidTypePence per share
    18/05/2012Final5.00
    30/11/2012Interim2.50
    17/05/2013Final2.50
    22/11/2013Interim2.50
    16/05/2014Final2.50
    21/11/2014Interim2.50
    29/05/2015Second Interim2.50
    23/12/2015Interim2.50
    02/09/2016Special32.50
    17/02/2017Interim10.00
    02/11/2017Special5.00

    Total70.00


    DP2011 Structured A Shares

    Date PaidTypePence per share
    02/11/2017Special20.00
    13/08/2018Interim5.00
    27/09/2019Special10.059

    Total35.059


    DP2011 General Ordinary Shares

    Date PaidTypePence per share
    18/05/2012Final5.00
    30/11/2012Interim2.50
    17/05/2013Final2.50
    22/11/2013Interim2.50
    16/05/2014Final2.50
    21/11/2014Interim2.50
    29/05/2015Second Interim2.50
    23/12/2015Interim2.50
    02/09/2016Special22.50
    17/02/2017Special10.00
    02/11/2017Special15.00

    Total70.00


    DP2011 General A Shares

    Date PaidTypePence per share
    02/11/2017Special15.00
    13/08/2018Interim7.00
    27/09/2019Special13.595

    Total35.595


    DP2011 Low Carbon Ordinary Shares

    Date PaidTypePence per share
    23/12/2015Interim2.50
    27/05/2016Special50.00
    16/03/2018Special33.40

    Total85.90

    DP2011 Low Carbon Ordinary Shares (Pre-merger)

    Date PaidTypePence per share
    18/05/2012Final5.00
    30/11/2012Interim2.50
    17/05/2013Final2.50
    22/11/2013Interim2.50
    16/05/2014Final2.50
    21/11/2014Interim2.50
    29/05/2015Second interim2.50

    Total20.00


  • Merger information

    Downing FOUR VCT is a VCT with a number of share classes with various strategies. It was renamed from Downing Structured Opportunities VCT 1 plc in July 2015.

    On 21 July 2015, the Company merged with three other Downing VCTs.

    The DSO Ordinary/A Share pool completed the task of returning funds to shareholders on 24 March 2016. On 25 August 2016 the DSO Ordinary Shares and DSO A Shares were converted into deferred shares with no value and were cancelled.

    The DSO B/C Share pool completed the task of returning funds to shareholders on 26 January 2018. The DP2011 Low Carbon Share pool completed the task of returning funds to shareholders on 16 March 2018. On 10 April 2018 the DSO B Shares, DSO C Shares and DP2011 Low Carbon Shares were converted into deferred shares with no value and were cancelled. 

    In 2016, the Comapny launched a Generlist share class and a Healthcare share class both of which are "evergreen".

  • Directors
    • Sir Aubrey Brocklebank (Chairman)
    • Howard Flight
    • Russell Catley
    • Grant Whitehouse (Company Secretary)
  • Announcements
  • Share Registrars

    With effect from August 2021, the Company’s share register is maintained by:
    The City Partnership (UK) Limited
    The Mending Rooms
    Park Valley Mills
    Meltham Road
    Huddersfield
    HD4 7BH

    Tel: 01484 240 910
    Email: registrars@city.uk.com

    You can see details of your shareholding, transaction and dividend history and update your personal details by using the Downing VCT Investor Hub at: downing-vct.cityhub.uk.com

  • TIDMs, ISINs and SEDOLs
    Share classTIDMISINSEDOL
    DSO D SharesDO1DGB00B6QPQ463B6QPQ46
    DP67 Ordinary SharesD467GB00BWX53D91BWX53D9
    Ventures SharesD4GGB00BDHF5B49BDHF5B4
    Healthcare SharesD4HGB00BDHF5D62BDHF5D6
    AIM SharesD4AGB00BMYXV611BMYXV61


  • Unsolicited telephone calls

    If you have received an unsolicited telephone call from somebody seeking to buy your VCT shares please visit our Boiler Room Scams page for more details.

We're here to help

If you are a financial adviser, or discretionary fund manager please call us on 020 7630 3319 or email us at sales@downing.co.uk.

If you are a private investor you can speak to Downing LLP's investor relationship team on 020 3828 0975 or email customer@downing.co.uk.