Downing THREE VCT plc
LEI: 2138008V2JDU2K6ZHF80
Unaudited Net Asset Values
6 June 2019
Downing THREE VCT plc announces that its unaudited Net Asset Values (“NAVs”) as at 5 June 2019 are as follows:
| Pence | |
| F Share class | |
| Net asset value per ‘F’ Share | 28.7 |
| Cumulative distributions per ‘F’ Share | 67.0 |
| Total return per ‘F’ Share | 95.7 |
| ‘H’ Share class | |
| Net asset value per ‘H’ Share | 48.5 |
| Cumulative distributions per ‘H’ Share | 25.0 |
| Total return per ‘H’ Share | 73.5 |
| ‘J’ Share pool | |
| Net asset value per ‘J’ Share | 70.6 |
| Cumulative distributions per ‘J’ Share | - |
| Total return per ‘J’ Share | 70.6 |
Some provisions have been made against the value of some investments since the year end of 31 December 2018 – the most significant are as follows:
- Yamuna Renewables Limited (J Share class, 7.5p per share);
- Jito Trading Limited (J Share class, 2.3p per share);
- Ormsborough Limited (J Share class, 4.3p per share);
- Indigo Generation Limited (H Share class 1.4p per share, J Share class 1.7p per share); and
- Ironhide Generation Limited (H Share class 1.4p per share, J Share class 1.7p per share).
The Company also confirms it is unlikely to undertake any further share buybacks in any share class.