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Downing Planned Exit VCT 9 (LSE:DP9A) Cash Payments for Deposits by Banks and Customers


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What is Downing Planned Exit VCT 9 Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Downing Planned Exit VCT 9 (LSE:DP9A) Business Description

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Downing Planned Exit VCT 9 PLC is a venture capital trust. Its principal objectives are to: maintain VCT status to enable shareholders to benefit from 30.0% income tax relief on their original investment; reduce the risks normally associated with VCT investments; and target the payment of a tax free return to shareholders of at least 8.00% per annum over approximately seven years.