Downing Planned Exit VCT 2 plc
Increase of size of Offer for Subscription
22 October 2013
The Board of Downing Planned Exit VCT 2 plc is pleased to announce that the Company has now received applications under the Offer for Subscription launched on 10 January 2013 ("the Offer") totalling close to the original capacity of 25 million G Shares of 0.1p each ("G Shares").
In accordance with the Prospectus, the Board has now exercised its discretion to increase the size of the Offer up to a maximum of 35 million G Shares.
As previously announced, the Offer will close on 31 October 2013 at 3 p.m. The final allotment of shares under the Offer is expected to take place as soon as all applications have been processed.