Issue of Equity
(Thomson Reuters ONE) - Downing Planned Exit VCT 2 plc26 January 2010Issue of EquityThe Directors of Downing Planned Exit VCT 2 plc are pleased to announce anallotment on 25 January 2010 of 2,469,205 D shares of 0.1p each ("D Shares")payable at 99.9p per share and 7,469,205 E shares of 0.1p each ("E Shares")payable at 0.1p per share pursuant to the Offers for Subscription that opened on6 November 2009.Application for the D Shares and E Shares to be admitted to the Official List ofthe UK Listing Authority and to trading on the London Stock Exchange's marketfor listed securities will be made at the earliest practical opportunity.D Shares issued to Directors included within the above allotment, is summarisedas follows: Number of D % of D Shares issued Shares at % of D Shares on 25 January today's assuming full 2010 date subscription Dennis Hale Director 8,400 0.23% 0.08%E Shares issued to Directors and members of Management (including spouses)included within the above allotment, is summarised as follows: Number of E % of E Shares issued Shares at % of E Shares on 25 January today's assuming full 2010 date subscription Colin Corbally Management 650,000 7.47% 4.33% Dennis Hale Director 8,400 0.10% 0.06% Nicholas Lewis Management 1,500,000 17.24% 10.00% Tony McGing Management 500,000 5.75% 3.33% Grant Whitehouse Management 750,000 8.62% 5.00% Total 3,408,400 39.18% 22.72%The Offers for Subscription are expected to remain open until 5 April 2010 inrespect of the 2009/2010 tax year and 30 April 2010 in respect of the 2010/2011tax year unless previously extended or fully subscribed earlier.[HUG#1377447]
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Datum: 26.01.2010 - 13:26 Uhr
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