News Insights

British Smaller Companies VCT2 Plc announced significant financial developments on January 27, 2025, including the payment of a special dividend of 1.0 pence per ordinary share for the fiscal year ending December 31, 2025. This dividend was distributed to shareholders registered as of December 27, 2024, indicating a commitment to returning value to its investors amidst ongoing financial operations.

In conjunction with the dividend payment, the company issued and allotted a total of 831,686 ordinary shares at a price of 54.85 pence each through its dividend reinvestment scheme (DRIS). This price was based on the net asset value of 57.35 pence per share as of September 30, 2024, demonstrating a strategic move to bolster shareholding through reinvestment options for shareholders who chose to opt for shares instead of cash dividends. These actions reflect BSC VCT2's proactive management in maintaining shareholder engagement and optimizing its capital structure.