Downing Two VCT Plc commences share repurchases on June 28, 2017 under the program mandated by the shareholders in the Annual General Meeting held on June 20, 2017. As per the mandate, the company is authorized to repurchase up to 1,490,000, representing 14.99% of the issued ‘D’ shares, 2,227,550, representing 14.99% of the issued ‘E’ shares, 1,610,818, representing 14.99% of the issued ‘F’ shares, 3,777,533, representing 14.99% of the issued ‘G’ shares, 2,345,162, representing 14.99% of the issued ‘K’ shares. The share repurchase program will expire at the conclusion of the next Annual General Meeting of the company, or on the expiry of 15 months from the passing of this resolution, whichever is earlier, unless previously renewed, varied or revoked by the company in a general meeting.