SPARK acts as Sponsor to Downing ONE VCT plc

SPARK Advisory Partners Limited (“SPARK”) is pleased to announce it has acted as Sponsor to Downing ONE VCT plc in respect of its proposed Offer for Subscription of £15m (with up to a further £25m over-allotment facility).

Downing ONE VCT is a well-established venture capital trust (VCT), created by the merger of six VCTs managed by Downing in November 2013, and is one of the larger VCTs in existence with net assets of in excess of £90 million and an existing portfolio of approximately 80 investments.