Issue of Equity

(Thomson Reuters ONE) - Downing Protected VCT III plc25 September 2009Issue of EquityThe Directors of Downing Protected VCT III plc are pleased toannounce an allotment on 11 September 2009 of 396,263 C shares of0.1p each ("C Shares") payable at 99.9p per share and 396,263 Ashares of 0.1p each ("A Shares") payable at 0.1p per share pursuantto the Offers for Subscription that opened on 25 September 2008.The Company now has 7,173,376 C Shares in issue. In accordance withthe Prospectus dated 25 September 2008, 3,913,312 of the 7,500,000 AShares originally issued to Management ("Management A Shares") havenow been converted to worthless Deferred Shares, such that 10,760,064A Shares remain in issue.The Offer for Subscription is now closed.A summary of holdings in the Company by Management following theclosure of the Offer and the conversion of the A Shares into DeferredShares is as follows. No. of Ordinary % of No. of % of Shares class A Shares classPaul Beaumont Management 20,900 0.29% 236,102 2.19%Jonathan Boss Management 20,900 0.29% 379,569 3.53%Laurence Callcut Management - 0.00% 53,800 0.50%Pierre Clarke Management - 0.00% 215,202 2.00%Colin Corbally Management 20,900 0.29% 666,504 6.19%Steven Kenee Management - 0.00% 107,600 1.00%Siobhan Lavery Management - 0.00% 35,866 0.33%Karen Leo Management - 0.00% 35,866 0.33%Lena Leontovych Management - 0.00% 35,866 0.33%Nicholas Lewis Management 52,250 0.73% 1,235,858 11.49%Tony McGing Management - 0.00% 430,403 4.00%Joanne Weaver Management - 0.00% 53,800 0.50%Grant Whitehouse Management 15,637 0.22% 230,839 2.15%---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 25.09.2009 - 09:43 Uhr
Sprache: Deutsch
News-ID 6237
Anzahl Zeichen: 0

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London

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Business News

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