TIDMDI3O 
 
Downing Income VCT 3 plc 
4 April 2013 
Share Realisation and Reinvestment Programme ("SRRP") and Top-up Offer 
 
On 15 February 2013, the Company published an Offer Document in respect of (i) a 
Tender  Offer and  Substitute Share  Offer, together  the Share  Realisation and 
Reinvestment  Programme  ("SRRP"),  to  allow  existing Ordinary Shareholders to 
subscribe  for up to 48.5% of  the issued Ordinary Share  Capital of the Company 
from  the proceeds of selling their existing Ordinary Shares back to the Company 
and (ii) a Top-up Offer to issue up to 1,252,593 additional Ordinary Shares. 
 
The  Directors of the Company are pleased to announce that in respect of the tax 
year 2012/13, on 4 April 2013, in accordance with the terms of the SRRP: 
 
  * A  total of 1,628,235 Ordinary  Shares were purchased  for cancellation at a 
    price of 87.9p per Ordinary Share. 
 
  * A  total  of  1,579,189 Ordinary  Shares  were  allotted  in  respect of the 
    proceeds of the shares tendered for cancellation at a price of approximately 
    90.6185p per Ordinary Share. 
 
The  Directors of the Company are also pleased to announce that 145,892 Ordinary 
Shares  were allotted in respect of the  tax year 2012/13 under the Top-up Offer 
on 4 April 2013 at a price of 90.6185p per Ordinary Share. 
 
Included in the above are purchases and allotments in respect of Directors/PDMRs 
which are summarised as follows: 
 
PDMR             Shares          Shares       Resulting          Resulting 
                 purchased       issued       shareholding       percentage of 
                                                                 issued share 
                                                                 capital 
 
Harold Michael 
Cunningham       9,066           8,794        8,794              0.07% 
 
Andrew Davison   998             968          968                0.01% 
 
Hugh Gillespie   9,171           8,895        8,895              0.07% 
 
Tony McGing      4,365           4,234        4,234              0.03% 
 
Nicholas Lewis   16,689          16,188       16,188             0.13% 
 
 
Application  for the  total of  1,725,081 Ordinary Shares  to be admitted to the 
Official  List of the  UK Listing Authority  and to trading  on the London Stock 
Exchange's  market for listed securities will  be made at the earliest practical 
opportunity. 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Downing Income VCT 3 plc via Thomson Reuters ONE 
[HUG#1690306]
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