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C-share issue for Downing VCT

Tax shelter specialist Downing Corporate Finance has launched a £10m “C” Share top issue for the Pennine Aim VCT.

The Trust is managed by Rathbone Investment Management and was the first Aim VCT to be launched in 1996.

To date it has returned 55 pence tax-free to its shareholders and Downing says it has the highest total return of all 19 Aim VCTs.

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