Downing TWO VCT plc
5 April 2016
Issue of Equity
The Directors of Downing TWO VCT plc are pleased to announce an allotment on 5 April 2016 totalling 1,286,355 K shares of 0.1p each ("K Shares") payable at an average price of 102.86p per share pursuant to the Offers for Subscription that opened on 15 December 2015.
Application for the K 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.
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 | 7,126,194 | 1 | 7,126,194 |
| A Shares of 0.1 pence each | 10,724,029 | - | |
| D Shares of 0.1 pence each | 10,000,000 | 1 | 10,000,000 |
| E Shares of 0.1 pence each | 14,950,000 | - | |
| F Shares of 0.1 pence each | 10,822,154 | 1 | 10,822,154 |
| G Shares of 0.1 pence each | 25,386,546 | 1 | 25,386,546 |
| K Shares of 0.1 pence each | 11,017,181 | 1 | 11,017,181 |
| Total voting rights | 64,352,075 |