Downing Planned Exit VCT 2 plc
9 October 2013
Issue of Equity
The Directors of Downing Planned Exit VCT 2 plc are pleased to announce an allotment on 9 October 2013 totalling 2,266,698 G shares of 0.1p each ("G Shares") payable at an average price of 105.22p per share pursuant to the Offers for Subscription that opened on 10 January 2013.
Application for the G 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.
The Offer for Subscription in respect of the tax year 2013/14 has been extended and will remain open until 31 October 2013 unless previously extended or fully subscribed earlier.
Included in the above is 5,820 shares allotted to Dennis Hale, a director of the Company, at an issue price of 103.09p. Following this allotment, Dennis Hale holds 5,820 G Shares, representing 0.02% of the G Shares in issue.