DPV7 Downing P.E.7

 
TIDMDPV7 
 
Downing Planned Exit VCT 7 plc 
 
Conversion of A Shares into Ordinary Shares 
 
7 December 2012 
 
 
 
In  accordance  with  the  resolution  passed  at  the General Meeting and Class 
Meetings that took place on 4 December 2012, the Company's A Shares of 0.1p each 
converted into Ordinary Shares of 0.1p each on 7 December 2012 ("Conversion"). 
 
 
 
The  Conversion was undertaken on  the basis of relative  net asset values as at 
31 July 2012 as follows: 
 
 
 
Ordinary Shares          70.2291p 
 
'A' Shares                    0.0703p 
 
 
 
13,537 A Shares converted into new Ordinary Shares and the remaining 13,576,206 
A Shares converted into Deferred Shares of 0.1p each ("Deferred Shares"). 
 
 
 
The Deferred Shares will be redeemed for an aggregate sum of 1p. 
 
 
 
Admission to trading 
 
Application  will be made for the Ordinary Shares of 0.1p each issued in respect 
of  the 'A' Share conversion to be admitted  to the Official List and to trading 
on  the main market of the London  Stock Exchange. It is expected that admission 
will become effective, and that trading will commence, on 11 December 2012. 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Downing Planned Exit VCT 7 PLC via Thomson Reuters ONE 
[HUG#1663472] 
 

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