News Insights

British Smaller Companies VCT2 Plc recently announced a special dividend of 1.0 pence per ordinary share for the financial year ending December 31, 2025. This dividend was paid to shareholders as of the record date of December 27, 2024. In addition to the dividend payment, the company issued 831,686 ordinary shares at a price of 54.85 pence per share as part of its dividends reinvestment scheme (DRIS). The subscription price for these shares was based on the calculated net asset value of 57.35 pence per ordinary share as of September 30, 2024, reflecting a well-considered approach to shareholder value management.

These developments reflect British Smaller Companies VCT2's commitment to returning value to its shareholders while encouraging reinvestment through the DRIS. The issuance of shares and the special dividend signify the company's ongoing performance and strategic financial decisions aimed at enhancing shareholder engagement and ensuring a strong capital base.