Offers for Subscription

(Thomson Reuters ONE) - Downing Protected VCT II plc and Downing Protected VCT III plc6 November 2009Offers for SubscriptionDowning Protected VCT II plc and Downing Protected VCT III plc (the"Companies") announce that they have published a Prospectus(comprising a Securities Note, Registration Document and Summary) toraise, in aggregate, up to £20 million (the "Offers").The Companies have also published a Circular seeking shareholderapproval for matters in connection with the Offers and giving noticefor General Meetings to be held on 8 December 2009.The Offers opened on 6 November 2009 and are expected to close nolater than 5 April 2010 in the case of the 2009/10 Offer and 30 April2010 in the case of the 2010/11 Offer (unless previously extended). The Offers are for up to 10,000,000 D Shares and up to 10,000,000 EShares in each Company. The D Shares will be issued at a price of99.9 pence each and the E Shares at a price of 0.1 pence each.To obtain a copy of the Securities Note, private investors andfinancial advisers should call 020 7416 7780. A downloadable versionof the Securities Note will also be available from www.downing.co.uk.A copy of the Prospectus (comprising a Securities Note, RegistrationDocument and Summary) is available, free of charge, from theCompanies' registered office:Downing Corporate Finance LimitedKings Scholars House230 Vauxhall Bridge RoadLondon SW1V 1AUThe Prospectus and Circular have been submitted to the UKLA, and willbe available for inspection at the UKLA's Document Viewing Facility,which is situated at:Financial Services Authority25 The North ColonnadeCanary WharfLondon E14 5HS---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: 06.11.2009 - 16:24 Uhr
Sprache: Deutsch
News-ID 8053
Anzahl Zeichen: 0

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