LSE:DP2K - Downing TWO VCT PLC Downing Two VCT Plc 'K&ap
Sector: Financials, Industry: Asset Management & Custody Banks
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GBX 21    +0.0 (+0%)

30 Mar 2021


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General

Headquarters: UK

Employees: 0

Description

Downing TWO VCT PLC is a venture capital trust. Its investment objectives are to maintain VCT status to enable shareholders to benefit from tax reliefs available on an investment in a VCT; reduce the risks normally associated with VCT investments; target a tax-free return to investors of at least 9% per annum over the life of the shares; and target an annual dividend of at least 5p per share. Its investment policy includes qualifying investments in UK trading companies that own substantial assets or have predictable revenue streams from financially sound customers.

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