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BSC British Smaller Companies Vct2 Plc

56.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 8.95M 6.25M 0.0272 20.77 129.78M

British Smaller Companies VCT2 Plc Proposed Fundraising (3655I)

11/12/2020 9:30am

UK Regulatory


British Smaller Companie... (LSE:BSC)
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RNS Number : 3655I

British Smaller Companies VCT2 Plc

11 December 2020

British Smaller Companies VCT plc and British Smaller Companies VCT2 plc (together "the Companies")

Statement regarding proposed top-up fundraisings

The Companies today announce that they are each planning to launch a top-up offer ("the Offers") of new ordinary shares for subscription in the 2020/21 tax year. It is envisaged that the Offers will each be limited to a maximum of EUR8 million (estimated to be GBP7.2 million at current exchange rates).

It is expected that full details of the Offers will be announced in January 2021 after which it is intended that each of the Offers will be open to existing shareholders for approximately four weeks and, unless the Offers have been fully subscribed by the end of that period, the Offers will then also be available to new investors. Unless fully subscribed by an earlier date it is anticipated that the Offers will remain open until 2 April 2021. Full details will be available on the Companies' website ( www.bscfunds.com ) following the announcement in January 2021.

Existing shareholders are those on the respective registers of the Companies on 10 December 2020.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

December 11, 2020 04:30 ET (09:30 GMT)

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