Downing Planned Exit VCT 2 PLC : Issue of Equity


Downing Planned Exit VCT 2 plc
6 March 2012
Issue of Equity

The Directors of Downing Planned Exit VCT 2 plc are pleased to announce an allotment on 6 March 2012 of 563,414 F shares of 0.1p each ("F Shares") payable at 100p per share pursuant to the Offers for Subscription that opened on 12 October 2011.

Application for the F Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made at the earliest practical opportunity.

The Offers for Subscription are expected to remain open until 5 April 2012 in respect of the 2011/2012 tax year and 30 April 2012 in respect of the 2012/2013 tax year unless previously extended or fully subscribed earlier.