Downing TWO VCT plc
Shareholder information
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 resect of the K Share is scheduled to commence late in 2021.
On 26 February 2021, the Company announced proposals for the Company to commence a solvent voluntary liquidation in order to reduce running costs and reduce restrictions from the VCT regulations while the process of selling the investments is ongoing.
Additional information
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Current NAVs and total returns
Share class NAV date NAV Total return Notes F Shares 31 Dec 2020 18.0p 90.0p Unaudited NAV G Shares 31 Dec 2020 35.3p 88.8p Unaudited NAV K Shares 31 Dec 2020 31.1p 41.1p Unaudited NAV -
Share prices
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Forthcoming Dividends
No forthcoming dividends currently announced.
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Dividend history
A shares
Date Paid Type Pence per share 24/03/2016 Special 15.22 Total 15.22 C shares
Date Paid Type Pence per share 30/07/2010 Final 5.00 15/07/2011 Final 5.00 25/11/2011 Interim 2.50 27/07/2012 Final 2.50 30/11/2012 Interim 2.50 19/07/2013 Final 2.50 27/11/2013 Interim 2.50 27/06/2014 Final 2.50 20/03/2015 Capital 50.00 24/03/2016 Special 30.61 Total 105.61 D Shares
Date Paid Type Pence per share 26/11/2010 Interim 2.50 15/07/2011 Final 2.50 25/11/2011 Interim 2.50 27/07/2012 Final 2.50 30/11/2012 Interim 2.50 19/07/2013 Final 2.50 27/11/2013 Interim 2.50 27/06/2014 Final 2.50 12/12/2014 Interim 2.50 18/12/2015 Capital 27.00 24/03/2016 Special 17.00 24/03/2017 Special 13.50 22/12/2017 Special 23.88 Total 103.88 E Shares
Date Paid Type Pence per share 22/12/2017 Special 0.10 Total 0.10 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 Total 72.00 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 Total 53.50 K Shares
Date Paid Type Pence per share 19/05/2020 Interim 7.50 27/11/2020 Interim 2.50 Total 10.00 -
AGM
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Announcements
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Directors
- Hugh Gillespie (Chairman)
- Dennis Hale
- Christopher McCann
- Grant Whitehouse (Company Secretary)
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TIDMs, ISINs and SEDOLs
Share class TIDM ISIN SEDOL A Shares DP2A GB00B3D74M80 B3D74M8 C Shares DP2C GB00B3D74S43 B3D74S4 D Shares DP2D GB00B4VR3D16 B4VR3D1 E Shares DP2E GB00B4TLF407 B4TLF40 F Shares DP2F GB00B6ZS0J90 B6ZS0J9 G Shares DP2G GB00B8Y7CS47 B8Y7CS4 K Shares DP2K GB00BZ6CSD33 BZ6CSD3 -
Unsolicited telephone calls
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We're here to help
If you are a financial adviser, or discretionary fund manager please call us on 020 7630 3319 or email us at sales@downing.co.uk.
If you are a private investor you can speak to Downing LLP's investor relationship team on 020 3828 0975 or email customer@downing.co.uk.