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.
On 26 February 2021, the Company announced proposals for the Company to commence a solvent voluntary liquidation in order to reduce running costs and reduce restrictions from the VCT regulations while the process of selling the investments is ongoing.
Additional Information
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Current NAVs and total returns
Share class NAV date NAV Total return Notes F Shares 31 Dec 2020 17.7p 89.7p Unaudited NAV H Shares 31 Dec 2020 17.1p 56.6p Unaudited NAV J Shares 31 Dec 2020 23.8p 41.3p 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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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
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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.