Downing Investor Centre | Downing TWO VCT

Overview

Downing TWO VCT is a limited life VCT that focuses on asset-backed investments in order to seek capital preservation. The company has undertaken six fundraisings, each issuing a different class of shares.

The process of returning funds to C Share/A Share investors completed on 24 March 2016 and the shares were delisted and cancelled in April 2017. The process of returning funds to D Share/E Share investors completed on 22 December 2017 and the shares were delisted and cancelled in July 2018.

The process of returning funds to F Share and G Share holders is underway. The process in respect of the K Share is scheduled to commence late in 2021.

In line with it's "limited life" plans, on 30 March 2021, the Company commenced a solvent voluntary liquidation and appointed a liquidator in order to reduce running costs and reduce restrictions from the VCT regulations while the process of selling the remaining investments to return funds to shareholders is ongoing.

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Additional information

Current NAV and total returns

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Share class	NAV date	Unaudited NAV	Total return	Notes
F Shares	31 December 2024	6.9p	90.4p
G Shares	31 December 2024	6.3p	93.3p
K Shares	31 December 2024	8.8p	35.3p

Share prices

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Forthcoming Dividends

No forthcoming dividends.

Dividend history

‍F Shares

Date Paid	Type	Pence per share
30/11/2012	Interim	5.00
19/07/2013	Final	2.50
27/11/2013	Interim	2.50
27/06/2014	Final	2.50
12/12/2014	Interim	2.50
19/06/2015	Final	2.50
18/12/2015	Interim	2.50
24/06/2016	Final	2.50
16/12/2016	Interim	2.50
30/06/2017	Final	2.50
15/12/2017	Interim	2.50
24/04/2018	Special	19.00
09/11/2018	Special	18.00
08/11/2019	Interim	5.00
21/10/2022	Special	5.00
23/06/2023	Special	5.50
17/11/2023	Special	1.00
	Total	83.50

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G Shares

Date Paid	Type	Pence per share
27/11/2013	Interim	5.00
27/06/2014	Final	2.50
12/12/2014	Interim	2.50
19/06/2015	Final	2.50
18/12/2015	Interim	2.50
24/06/2016	Final	2.50
16/12/2016	Interim	2.50
30/06/2017	Final	2.50
15/12/2017	Interim	2.50
15/06/2018	Final	2.50
09/11/2018	Special	10.00
08/11/2019	Interim	14.00
19/05/2020	Interim	2.00
21/10/2022	Special	22.50
23/06/2023	Special	9.00
17/11/2023	Special	2.00
	Total	87.00

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K Shares

Date Paid	Type	Pence per share
19/05/2020	Interim	7.50
27/11/2020	Interim	2.50
12/11/2021	Special	9.00
21/10/2022	Special	3.50
23/06/2023	Special	4.00
	Total	26.50

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Old share classes:

A shares

Date Paid	Type	Pence per share
24/03/2016	Special	15.22
	Total	15.22

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C shares

Date Paid	Type	Pence per share
30/07/2010	Final	5.0
15/07/2011	Final	5.0
25/11/2011	Interim	2.5
27/07/2012	Final	2.5
30/11/2012	Interim	2.5
19/07/2013	Final	2.5
27/11/2013	Interim	2.5
27/06/2014	Final	2.5
20/03/2015	Capital	50
24/03/2016	Special	30.61
	Total	105.61

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D Shares

Date Paid	Type	Pence per share
26/11/2010	Interim	2.5
15/07/2011	Final	2.5
25/11/2011	Interim	2.5
27/07/2012	Final	2.5
30/11/2012	Interim	2.5
19/07/2013	Final	2.5
27/11/2013	Interim	2.5
27/06/2014	Final	2.5
12/12/2014	Interim	2.5
18/12/2015	Capital	27.0
24/03/2016	Special	17.0
24/03/2017	Special	13.5
22/12/2017	Special	23.88
	Total	103.88

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E Shares

Date Paid	Type	Pence per share
22/12/2017	Special	0.1
	Total	0.1

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Ordinary shares

Date Paid	Type	Pence per share
27/06/2006	Final	1.00
13/07/2007	Final	1.50
31/07/2008	Final	2.00
14/11/2008	Interim	55.50
13/03/2009	Interim	21.00
28/08/2009	Interim	8.00
13/01/2010	Special	1.417
	Total	90.417

Announcements

London Stock Exchange (since 24 April 2017)

Directors

Hugh Gillespie (Chairman)
Dennis Hale
Christopher McCann
Grant Whitehouse (Company Secretary)

Share Registrars

With effect from August 2021, the Company’s share register is maintained by:
The City Partnership (UK) Limited
The Mending Rooms
Park Valley Mills
Meltham Road
Huddersfield
HD4 7BH

Tel: 01484 240 910
Email: registrars@city.uk.com

You can see details of your shareholding, transaction and dividend history and update your personal details by using the Downing VCT Investor Hub at: downing-vct.cityhub.uk.com

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Unsolicited telephone calls

If you have received an unsolicited telephone call from somebody seeking to buy your VCT shares please visit our Boiler Room Scams page for more details.

Downing TWO VCT plc

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