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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
British Smaller Companies Vct2 Plc | LSE:BSC | London | Ordinary Share | GB0005001796 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 56.50 | 55.50 | 57.50 | 56.50 | 56.50 | 56.50 | 0.00 | 08:00:19 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 11.11M | 6.69M | 0.0291 | 19.42 | 129.78M |
TIDMBSV TIDMBSC
RNS Number : 6892W
British Smaller Companies VCT PLC
13 December 2023
13 December 2023
British Smaller Companies VCT plc and British Smaller Companies VCT2 plc (together the "Companies")
Utilisation of over-allotment facility
On 20 September 2023 the Companies launched offers for subscription (the "Offers") seeking to initially raise GBP65 million in aggregate for the 2023/24 tax year.
Following the successful launch, with applications received to date approaching GBP60 million and considering the continuing level of demand, the Companies have today confirmed that the over-allotment facility of GBP25 million included in the Offers will be used in full. This increases the maximum amount which can be raised under the Offers to GBP90 million in aggregate.
The Companies have issued a prospectus relating to the Offers (the "Prospectus"). The proceeds will be allocated between the Companies in accordance with the terms set out in the Prospectus.
The deadline for receipt of Application Forms and cleared funds is 28 March 2024, or earlier if the Offers become fully subscribed.
The Prospectus is available from the Company's website:
www.bscfunds.com
and is also available for inspection at the National Storage Mechanism, which is located at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
For further information, please contact:
David Hall YFM Private Equity Limited Tel: 0113 244 1000
Alex Collins Panmure Gordon (UK) Limited Tel: 0207 886 2767
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
December 13, 2023 11:00 ET (16:00 GMT)
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