Downing ONE VCT Plc
Shareholder information
Overview
Downing ONE VCT invests in unquoted and AIM-quoted investments, while providing investors with attractive VCT tax reliefs.
A top-up offer for subscription with a capacity of £6.7M was launched on 26 November 2021. The investment memorandum and application link can be found under "Other documents" below.
Additional information
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Current NAV and Total Return
Share class NAV date NAV Total Return Notes Ordinary Shares 31 July 2021 59.75p* 99.75p Total Return measured since 2013 merger
* adjusted for dividend of 1.25p per share paid on 27 Aug 2021 -
Share prices
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Forthcoming Dividends
No forthcoming dividends currently announced.
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Dividend history
Ordinary Shares - Past Dividends
Date Paid Type Pence per share 28/03/2014 Interim 2.00 19/09/2014 Final 2.00 20/02/2015 Interim 2.00 07/08/2015 Final 3.00 26/02/2016 Interim 3.00 12/08/2016 Final 3.00 24/02/2017 Interim 3.00 18/08/2017 Final 4.50 23/02/2018 Interim 3.00 24/08/2018 Final 3.00 22/02/2019 Interim 3.00 30/08/2019 Final 2.00 28/02/2020 Interim 2.00 18/09/2020 Final 2.00 26/02/2021 Interim 1.25 27/08/2021 Final 1.25 Total 40.00 -
Dividend Reinvestment
Terms and conditions for the Dividend Reinvestment Scheme can be found here.
If you wish to enrol in the Dividend Reinvestment Scheme, please complete and submit the Dividend Reinvestment Mandate form. This can also be done on the Investor Hub:
downing-vct.cityhub.uk.com
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Merger information
On 12 November 2013, proposals were approved for the merger of six Downing VCTs, and the company has since been renamed Downing ONE VCT plc:
- Downing Distribution VCT 1 plc were converted at a ratio of 0.713
- Downing Income VCT plc Ordinary Shares were converted at a ratio of 0.353
- Downing Income VCT 3 plc Ordinary Shares were converted at a ratio of 0.916
- Downing Income VCT 3 plc E Shares were converted at a ratio of 0.870
- Downing Income VCT 4 plc Ordinary Shares were converted at a ratio of 0.387
- Downing Absolute Income VCT 1 plc Ordinary Shares were converted at a ratio of 0.842
- Downing Absolute Income VCT 1 plc C Shares were converted at a ratio of 0.705
- Downing Absolute Income VCT 2 plc Ordinary Shares were converted at a ratio of 0.688
- Downing Absolute Income VCT 2 plc A Shares were converted at a ratio of 0.001
Merger April 2010
Formerly known as AIM Distribution Trust plc, Pennine AIM VCT 5 plc and Pennine AIM VCT 6 plc were also merged with this VCT. Shares converted at the following ratios:- AIM Distribution Trust shares were converted at a ratio of 0.34955038.
- Pennine AIM VCT 5 shares were converted at a ratio of 0.30448703.
- Pennine AIM VCT 6 shares were converted at a ratio of 0.40564181.
SRRP April 2012
In April 2012, the Company undertook an SRRP under which shares were purchased at 77.1p per share and issued at 77.9p per share. -
Directors
- Chris Kay (Chairman)
- Barry Dean
- Stuart Goldsmith
- Grant Whitehouse (Company Secretary)
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Announcements
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Share Registrar
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 7BHTel: 01484 240 910
Email: registrars@city.uk.comYou 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
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TIDMs, ISINs and SEDOLs
Share class TIDM ISIN SEDOL Ordinary Shares DDV1 GB00BFRSVQ41 BFRSVQ4 -
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.