Downing THREE VCT Plc
Shareholder information
Overview
Downing THREE VCT is a limited life VCT that focuses on asset-backed investments in order to seek capital preservation. The company has undertaken six fundraisings, each issuing a different class of shares.
The process of returning funds to C Share/A Share investors completed on 24 March 2016 and the C and A Shares were cancelled in April 2017. The process of returning funds to D Share/E Share investors completed on 22 December 2017 and the D and E Shares were cancelled in July 2018.
The process of realising investments to return funds to shareholders in respect of the F Shares, H Shares and J Shares is underway.
In line with it's "limited life" plans, on 30 March 2021, the Company commenced a solvent voluntary liquidation and appointed a liquidator in order to reduce running costs and reduce restrictions from the VCT regulations while the process of selling the remaining investments to return funds to shareholders is ongoing.
Additional Information
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Current NAVs and total returns
Share class NAV date NAV Total return Notes F Shares 30 June 2021 18.7p 90.7p Unaudited NAV H Shares 30 June 2021 18.7p 58.2p Unaudited NAV J Shares 30 June 2021 22.2p 39.7p Unaudited NAV -
Share prices
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Forthcoming Dividends
No forthcoming dividends currently announced.
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Dividend history
A Shares
Date Paid Type Pence per share 24/03/2016 Special 14.85 Total 14.85 C Shares
Date Paid Type Pence per share 30/07/2010 Final 5.00 15/07/2011 Final 5.00 25/11/2011 Interim 2.50 27/07/2012 Final 2.50 30/11/2012 Interim 2.50 19/07/2013 Final 2.50 27/11/2013 Interim 2.50 27/06/2014 Final 2.50 20/03/2015 Capital 50.00 24/03/2016 Special 30.51 Total 105.51 D Shares
Date Paid Type Pence per share 26/11/2010 Interim 2.50 15/07/2011 Final 2.50 25/11/2011 Interim 2.50 27/07/2012 Final 2.50 30/11/2012 Interim 2.50 19/07/2013 Final 2.50 27/11/2013 Interim 2.50 27/06/2014 Final 2.50 12/12/2014 Interim 2.50 18/12/2015 Capital 27.00 24/03/2016 Special 17.00 24/03/2017 Special 13.50 22/12/2017 Special 23.69 Total 103.69 E Shares
Date Paid Type Pence per share 22/12/2017 Special 0.10 Total 0.10 F Shares
Date Paid Type Pence per share 30/11/2012 Interim 5.00 19/07/2013 Final 2.50 27/11/2013 Interim 2.50 27/06/2014 Final 2.50 12/12/2014 Interim 2.50 19/06/2015 Final 2.50 18/12/2015 Interim 2.50 24/06/2016 Final 2.50 16/12/2016 Interim 2.50 30/06/2017 Final 2.50 15/12/2017 Interim 2.50 24/04/2018 Special 19.00 09/11/2018 Special 18.00 08/11/2019 Special 5.00 Total 72.00 H Shares
Date Paid Type Pence per share 12/12/2014 Interim 5.00 19/06/2015 Final 2.50 18/12/2015 Interim 2.50 24/06/2016 Final 2.50 16/12/2016 Interim 2.50 30/06/2017 Final 2.50 15/12/2017 Interim 2.50 15/06/2018 Final 2.50 14/12/2018 Interim 2.50 14/06/2019 Final 5.00 08/11/2019 Interim 5.00 27/11/2020 Interim 4.50 Total 39.50 J Shares
Date Type Pence per share 14/06/2019 Final 2.50 08/11/2019 Interim 2.50 19/05/2020 Interim 2.50 27/11/2020 Interim 10.00 Total 17.50 -
AGM
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Directors
- Michael Robinson (Chairman)
- Roger Jeynes
- Dennis Hale
- Grant Whitehouse (Company Secretary)
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Announcements
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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 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 A Shares DP3A GB00B3D74T59 B3D74T5 C Shares DP3C GB00B3D75146 B3D7514 D Shares DP3D GB00B4V7FP75 B4V7FP7 E Shares DP3E GB00B4VZ1D11 B4VZ1D1 F Shares DP3F GB00B6ZS1P26 B6ZS1P2 H Shares DP3H GB00BH7Y7B35 BH7Y7B3 J Shares DP3J GB00BSTK6426 BSTK642 -
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.