Yesterday there was a General Meeting of Downing Income VCT3 – what used to be called an Extraordinary General Meeting (EGM) but technically there is no longer any such thing – there are only General Meetings. This was called to approve the issue of new shares (in effect to create a new “E” share investment pool), with all the associated changes to the Articles that are required.
Bearing in mind that this company has been a very disappointing investment over the years ...