Cancellation of Listing of DSO D Shares and Cessation of Trading
28/03/2024 13:15
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THAMES VENTURES VCT 2 PLC
DSO D SHARE CLASS
LEI: 21380035MV1VRYEXPR95
Cancellation of listing of DSO D Shares and cessation of trading
28 March 2024
Thames Ventures VCT 2 plc (the “Company”) announces that it has now
completed a programme of returning funds to holders of the DSO D Shares,
culminating with dividend payments of 2.7p per DSO D Share paid on 28 March
2024. Following the payment of this dividend, the Company has now returned all
the capital associated with the DSO D Shares to shareholders and divested of
all investments held in the portfolio, with the payment of the dividend
marking the end of the life cycle of the DSO D Shares.
The Directors are authorised under the Company’s articles of association
("Articles") to convert any share class with a NAV of less than £25,000 into
deferred shares which may be bought back and cancelled by the Company for a
nominal amount (a "Conversion"). As this threshold has now been met in respect
of the DSO D Shares, the Directors have resolved, in accordance with the
Articles, to proceed with a Conversion of the Shares and repurchase them for
cancellation and this will be carried out with effect from today.
The Company shall shortly be writing to the FCA requesting the removal of the
DSO D Shares from the Official List.
For further information, please contact:
Company Secretary
Foresight Group LLP
Contact: Stephen Thayer Tel: 0203 667 8100
Investor Relations
Foresight Group LLP
Contact: Andrew James Tel: 0203 667 8181