Downing THREE VCT plc
30 May 2014
Issue of Equity
The Directors of Downing THREE VCT plc announce an allotment on 30 May 2014 of H shares of 0.1p each ("H Shares") pursuant to the Offer for Subscription that opened on 18 December 2013 ("Offer") as follows:
980,121 H Shares at an average price of 103.46p
Application for the H 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 shortly. Dealings are expected to commence on or around 5 June 2014.
The 2014/2015 Offer will close on 30 June 2014 unless previously extended or fully subscribed at an earlier date.
Following this allotment, the issued share capital and total voting rights of the Company is as follows:
| Shares in issue | Voting rights per share | Voting rights | |
| C Shares of 0.1 pence each | 7,158,326 | 1 | 7,158,326 |
| A Shares of 0.1 pence each | 10,750,064 | - | |
| D Shares of 0.1 pence each | 9,979,109 | 1 | 9,979,109 |
| E Shares of 0.1 pence each | 14,994,862 | - | |
| F Shares of 0.1 pence each | 10,821,660 | 1 | 10,821,660 |
| H Shares of 0.1 pence each | 10,695,855 | 1 | 10,695,855 |
| Total voting rights | 38,654,950 |