Downing One VCT Plc Portfolio Update
23 Julio 2021 - 3:26AM
UK Regulatory
TIDMDDV1
Downing ONE VCT plc (the "Company")
LEI: 213800R88MRC4Y3OIW86
23 July 2021
Portfolio Update
The Directors of the Company announce that portfolio company
GENinCode plc ("GENinCode"), had its ordinary shares admitted to
trading on AIM on on 22 July 2021 and also raised GBP17.0 million
through the placing of and subscription for, new ordinary shares,
taking the market capitalisation of GENinCode to approximately
GBP42.2 million on admission. The placing price was 44.0p per
GENinCode ordinary share.
Based on the placing price, the increase in the value of the
Company's GENinCode holding has resulted in an increase in the
Company's NAV of approximately 0.6p per share.
Enquiries:
Grant Whitehouse
Downing LLP
Company Secretary
020 7630 4333
(END) Dow Jones Newswires
July 23, 2021 04:26 ET (08:26 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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