Downing FOUR VCT Plc

Shareholder information

Overview

Downing FOUR VCT plc invests in a portfolio of venture capital investments and liquidity investments with both limited life and evergreen share classes. It has a number of share classes with various investment strategies. 

In July 2015 it was renamed from Downing Structured Opportunities VCT 1 plc and on 21 July 2015, the company merged with three other Downing VCTs.

In 2016 the company launched a Generalist share class and a Healthcare share class, both of which are evergreen.

Additional Information

  • Current NAVs and total returns
    Share classNAV dateNAVTotal returnNotes
    DSO D Shares31 March 201923.9p100.4pAdjusted for an estimated performance incentive of 3.9p per DSO D Share
    DP67 Ordinary Shares31 March 201948.5p98.3p
    Generalist Shares31 August 201977.6p77.6p
    Healthcare Shares31 August 201977.7p77.7p
    DP2011 General Ordinary Shares27 September 20190.0p70.0pReturn of funds now complete
    DP2011 General A Shares27 September 20190.0p35.595pReturn of funds now complete
    DP2011 Structured Ord Shares27 September 20190.0p70.0pReturn of funds now complete
    DP2011 Structured A Shares27 September 20190.0p35.059pReturn of funds now complete


  • Share prices
  • Forthcoming Dividends
    Share ClassDividends
    DSO D18.0pPayable 28 November 2019
    DP6718.0pPayable 28 November 2019


  • Dividend history

    DSO Ordinary Shares

    Date PaidTypePence per share
    25/09/2009Interim2.50
    29/01/2010Interim2.50
    30/09/2010Final2.50
    28/01/2011Interim2.50
    30/09/2011Final2.50
    27/01/2012Interim2.50
    28/09/2012Final2.50
    25/01/2013Interim2.50
    19/07/2013Interim15.00
    24/01/2014Interim2.50
    30/09/2014Final2.50
    20/03/2015Capital40.00
    24/03/2016Special36.16

    Total116.16


    DSO A Shares

    Date PaidTypePence per share
    24/03/2016Special15.50

    Total15.50


    DSO B Shares

    Date PaidTypePence per share
    30/09/2010Final2.50
    28/01/2011Interim2.50
    30/09/2011Final2.50
    27/01/2012Interim2.50
    28/09/2012Final2.50
    25/01/2013Interim2.50
    13/09/2013Final2.50
    24/01/2014Interim2.50
    30/09/2014Final10.00
    30/01/2015Interim2.50
    23/12/2015Capital40.00
    24/03/2016Special19.00
    26/01/2018Special4.444

    Total95.944


    DSO C Shares

    Date PaidTypePence per share
    26/01/2018Special10.939

    Total10.939


    DSO D Shares

    Date PaidTypePence per share
    28/09/2012Final2.50
    25/01/2013Interim2.50
    13/09/2013Final2.50
    24/01/2014Interim2.50
    30/09/2014Final2.50
    30/01/2015Interim2.50
    30/09/2015Final2.50
    23/12/2015Interim2.50
    30/09/2016Final2.50
    06/01/2017Interim2.50
    29/09/2017Final2.50
    02/11/2017Special25.00
    13/08/2018Interim24.00

    Total76.50


    DP2011 Structured Ordinary Shares

    Date PaidTypePence per share
    18/05/2012Final5.00
    30/11/2012Interim2.50
    17/05/2013Final2.50
    22/11/2013Interim2.50
    16/05/2014Final2.50
    21/11/2014Interim2.50
    29/05/2015Second Interim2.50
    23/12/2015Interim2.50
    02/09/2016Special32.50
    17/02/2017Interim10.00
    02/11/2017Special5.00

    Total70.00


    DP2011 Structured A Shares

    Date PaidTypePence per share
    02/11/2017Special20.00
    13/08/2018Interim5.00
    27/09/2019Special10.059

    Total35.059


    DP2011 General Ordinary Shares

    Date PaidTypePence per share
    18/05/2012Final5.00
    30/11/2012Interim2.50
    17/05/2013Final2.50
    22/11/2013Interim2.50
    16/05/2014Final2.50
    21/11/2014Interim2.50
    29/05/2015Second Interim2.50
    23/12/2015Interim2.50
    02/09/2016Special22.50
    17/02/2017Special10.00
    02/11/2017Special15.00

    Total70.00


    DP2011 General A Shares

    Date PaidTypePence per share
    02/11/2017Special15.00
    13/08/2018Interim7.00
    27/09/2019Special13.595

    Total35.595


    DP2011 Low Carbon Ordinary Shares

    Date PaidTypePence per share
    23/12/2015Interim2.50
    27/05/2016Special50.00
    16/03/2018Special33.40

    Total85.90


    DP2011 Low Carbon Ordinary Shares (Pre-merger)

    Date PaidTypePence per share
    18/05/2012Final5.00
    30/11/2012Interim2.50
    17/05/2013Final2.50
    22/11/2013Interim2.50
    16/05/2014Final2.50
    21/11/2014Interim2.50
    29/05/2015Second interim2.50

    Total20.00


    DP67 Ordinary Shares

    Date PaidTypePence per share
    31/07/2008Final1.75
    31/07/2009Final2.00
    30/07/2010Final2.00
    22/07/2011Final2.00
    29/06/2012Final2.00
    28/06/2013Final4.00
    25/07/2014Final4.00
    25/07/2015Final4.00
    23/12/2015Interim2.00
    30/09/2016Final2.00
    06/01/2017Interim2.00
    29/09/2017Final2.00
    16/03/2018Special20.00

    Total49.75




  • Merger information

    Downing FOUR VCT is a VCT with a number of share classes with various strategies. It was renamed from Downing Structured Opportunities VCT 1 plc in July 2015.

    On 21 July 2015, the Company merged with three other Downing VCTs.

    The DSO Ordinary/A Share pool completed the task of returning funds to shareholders on 24 March 2016. On 25 August 2016 the DSO Ordinary Shares and DSO A Shares were converted into deferred shares with no value and were cancelled.

    The DSO B/C Share pool completed the task of returning funds to shareholders on 26 January 2018. The DP2011 Low Carbon Share pool completed the task of returning funds to shareholders on 16 March 2018. On 10 April 2018 the DSO B Shares, DSO C Shares and DP2011 Low Carbon Shares were converted into deferred shares with no value and were cancelled. 

    In 2016, the Comapny launched a Generlist share class and a Healthcare share class both of which are "evergreen".

  • Directors
    • Sir Aubrey Brocklebank (Chairman)
    • Howard Flight
    • Russell Catley
    • Grant Whitehouse (Company Secretary)
  • Announcements
  • TIDMs, ISINs and SEDOLs
    Share classTIDMISINSEDOL
    DSO Ordinary SharesDO1OGB00B3L2G079B3L2G07
    DSO A SharesDO1AGB00B3L2G186B3L2G18
    DSO B SharesDO1BGB00B4MGR241B4MGR24
    DSO C SharesDO1CGB00B4MCHT95B4MCHT9
    DSO D SharesDO1DGB00B6QPQ463B6QPQ46
    DP2011 General A SharesD4OAGB00BWX53730BWX5373
    DP2011 General Ordinary SharesD4OOGB00BWX53847BWX5384
    DP2011 Low Carbon SharesD4LCGB00BWX53953BWX5395
    DP2011 Structured Ordinary SharesD4SOGB00BWX53B77BWX53B7
    DP2011 Structured A SharesD4SAGB00BWX53C84BWX53C8
    DP67 Ordinary SharesD467GB00BWX53D91BWX53D9
    Generalist SharesD4GGB00BDHF5B49BDHF5B4
    Healthcare SharesD4HGB00BDHF5D62BDHF5D6


We're here to help

If you have any questions about your VCT investment, please call us on 020 7416 7780 or email us at customer@downing.co.uk.