Downing THREE VCT plc
4 September 2014
Issue of Equity
The Directors of Downing THREE VCT plc announce an allotment on 4 September 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:
650,290 H Shares at an average price of 105.72p
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 9 September 2014.
The 2014/2015 Offer will close on 30 September 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 | 12,090,960 | 1 | 12,090,960 |
| Total voting rights | 40,050,055 |