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Downing Protected VCT II PLC - Company Profile Snapshot
| Company Profile: |
Downing Protected VCT II PLC |
| Ticker: |
DP2C |
| Exchanges: |
LON |
| 2009 Sales: |
425,000 |
| Major Industry: |
Financial |
| Sub Industry: |
Investment Companies |
| Country: |
UNITED KINGDOM |
| Employees: |
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Business Description
Downing Protected VCT II PLC. The Company's principal activity is that of a Venture Capital Trust. The objectives of the Company are to maintain VCT status to enable shareholders to benefit from 40% income tax relief on their original investment; reduce the risks normally associated with VCT investments; and target the payment of tax-free cash proceeds of approximately 1.00 per 60p invested (being 1.00 less 40p income tax relief) by the end of year six after the Company's original fundraising. The Company is an Investment Company within the meaning of Section 833 of the Companies Act 2006. The Company has been approved by the HM Revenue and Customs as a Venture Capital Trust.Investment management services are provided by Downing Protected Managers II Ltd for an annual fee of 1.0% of net assets.
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The following information is available to subscribers or can be accessed by purchasing the Company Profile Report:
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- Address (mailing), Phone Number, Web Address
- Earnings/Dividends
- Employees
- Exchanges Listed
- Financial Ratio Analysis |
- Recent Stock Performance
- Sales (recent year)
- Senior Officers
- Shareholder Information
- Stock Analysis Summary |
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