Downing ONE VCT Plc

• Ordinary Shares

No forthcoming dividends currently announced

Ordinary Shares - Past Dividends

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

Downing ONE operates a policy of buying in shares that become available in the market at a price approximately equal to a 5% discount to the most recently announced NAV, subject to regulatory, liquidity and other considerations and allowing for stamp duty that may be incurred by the Company.

Details of how to sell your VCT shares can be found at this link.

If you are considering selling your shares, the VCT’s Corporate Broker, Panmure Gordon (UK) Limited (“Panmure”) can provide details of closed periods and the likely timing of when buybacks will take place. Panmure can be contacted as follows:

Chris Lloyd
020 7886 2716
chris.lloyd@panmure.com

Paul Nolan
020 7886 2717
paul.nolan@panmure.com

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.

• Chris Kay (Chairman)
• Chris Allner
• Barry Dean
• Stuart Goldsmith
• Grant Whitehouse (Company Secretary)

London Stock Exchange Announcements

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

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.