SPARK Advisory Partners Limited (“SPARK”) has acted as Sponsor to Officially Listed Downing Distribution VCT 1 plc (to be renamed Downing ONE VCT plc) in its merger of 6 VCTs managed by Downing – by means of s110 liquidations of Downing Income VCT plc, Downing Income VCT 3 plc, Downing Income VCT 4 plc, Downing Absolute Income VCT 1 plc and Downing Absolute Income VCT 2 plc. If the Merger is approved by all the VCT’s shareholders, the Company should have increased net assets of over £70 million, annual running costs of around 2.67% of net assets per annum and a greater number, and more diversified portfolio, of investments. This represents SPARK’s second VCT client – following the sponsorship of the Amati VCT /Amati VCT 2 offers for subscription in early 2013.
https://www.sparkadvisorypartners.com/images/spark-AP-logo.png 0 0 developer https://www.sparkadvisorypartners.com/images/spark-AP-logo.png developer2013-10-07 22:02:112015-11-28 12:36:57SPARK sponsors £70m+ merger of 6 Venture Capital Trusts managed by Downing LLP
Offices in London and Leeds
We are based in the City of London but also have an office in Leeds which makes it easy for us to provide our services wherever you may be. We offer our services to clients anywhere in the United Kingdom, plus we also have many clients overseas. In addition to our London based clients, our team has recently dealt with clients in Leeds, Manchester, Sheffield, Birmingham, Nottingham, Bristol, Glasgow, Edinburgh plus many other UK cities.
- SPARK acts as Sponsor to Draper Esprit VCT plc12th November 2021 - 8:36 pm
- SPARK acts as Financial and Nominated Adviser to Firering Strategic Minerals plc12th November 2021 - 9:53 am
- SPARK appointed as Nominated adviser (Nomad) to Alba Mineral Resources plc23rd September 2021 - 1:43 pm
- SPARK acts as Sponsor to Downing FOUR VCT plc12th August 2021 - 6:16 pm