DDV1 Downing One Vct Plc

 
TIDMDDV1 
 
   Downing ONE VCT plc 
 
   LEI: 213800R88MRC4Y3OIW86 
 
   29 March 2021 
 
   Offer for Subscription 2020/21 Extension and use of over-allotment 
facility 
 
   The Board of Downing ONE VCT plc announces an extension to the deadline 
for applications for the 2020/21 tax year in respect of the Offer for 
Subscription that launched on 11 September 2020. The deadline has now 
been extended to 3pm on 5 April 2021. 
 
   The Offer is now scheduled to close at 3:00pm on 5 April 2021 for the 
2020/21 tax year and at 3:00pm on 30 April 2021 in respect of the 
2021/22 tax year unless it is fully subscribed at an earlier date or 
previously extended by the Directors. 
 
   In addition, The Board of Downing ONE VCT plc has authorised the use of 
the overallotment facility, of GBP25 million, should it be required when 
the initial capacity is reached. This extends the capacity of the Offer 
from GBP15 million to GBP40 million. Total funds raised to date under 
the Offer are GBP10.5 million. 
 
 
 
 
 
 

(END) Dow Jones Newswires

March 29, 2021 12:32 ET (16:32 GMT)

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