LSE:DP3H - Downing THREE VCT PLC Downing Three VCT plc 'H&
Sector: Financials, Industry: Asset Management & Custody Banks
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GBX 15    +0.0 (+0%)

30 Mar 2021


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General

CEO: Mr. Grant Leslie Whitehouse

Headquarters: UK

Employees: 0

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Description

Downing THREE VCT PLC is a venture capital trust. Its investment objective is 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 (based on a cost of 70p per share net of income tax relief) over the life of the shares (expected to be approximately six years); and target an annual dividend of at least 5p per share.

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