25 Feb 2019 13:53
Issue of Equity (DRIS)
Downing One VCT plcLEI: 213800R88MRC4Y3OIW8625 February 2019Issue of Equity (DRIS)
The Company announces that, on 22 February 2019, it allotted 660,500 Ordinary Shares of 1p each in respect of Shareholders who agreed to subscribe for shares under the terms of the Company’s Dividend Reinvestment Scheme (DRIS) in respect of the dividend of 3.0p per Ordinary Share paid on 22 February 2019.
The shares were issued at 80.7p per Share (being the unaudited net asset value as at 31 December 2018 of 83.7p per Share, adjusted for the dividend).
These Shares will rank pari passu with existing Ordinary Shares.
Application for the Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made at the earliest practicable opportunity.