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Downing Planned Exit VCT 9 (LSE:DP9A) FFO


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What is Downing Planned Exit VCT 9 FFO?

FFO (Funds from operations) only applies to REITs.


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.