DOWNING THREE VCT PLC (DP3J)

DOWNING THREE VCT PLC (DP3J)

AGM Reports

Downing Income VCT 3 PLC (DP3J) AGM Report 2013

Today I attended the Annual General Meeting of Downing Income VCT 3 in Central London starting at 11.30am. Results for 2013 are an increase in NAV of 2.5p with 5p dividend for the year. The share price today is trading at 68p after a steady fall over the last 3 years from nearer 90p. Downing VCT3 has a history of paying dividends from capital as well as earnings, as opposed from earnings alone which has led to the slow erosion of NAV ...