REG - British Smlr Comp 2 - Payment of dividend and issue of Equity

British Smaller Companies VCT2Announcement

31/10/2025 10:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251031:nRSe7045Fa&default-theme=true

RNS Number : 7045F  British Smaller Companies VCT2 Plc  31 October 2025

British Smaller Companies VCT2 plc (the "Company")

Payment of Dividend and Allotment of Shares

The Company announces that on 31 October 2025 it paid a second interim
dividend for the year ending 31 December 2025 of 1.50 pence per ordinary share
to shareholders on the register of members of the Company as at the record
date of 26 September 2025 (the "Interim Dividend").

The Company further announces that on 31 October 2025 it issued and allotted
1,396,003 ordinary shares of 0.01 pence each pursuant to its dividend
re-investment scheme ("DRIS") at a price of 53.55 pence per ordinary share to
shareholders of the Company who elected to receive ordinary shares instead of
the Interim Dividend. The subscription price of 53.55 pence per ordinary share
was determined in accordance with the terms and conditions of the DRIS on the
basis of the net asset value of 55.05 pence per ordinary share as at 30 June
2025 (adjusted for the Interim Dividend of 1.50 pence per ordinary share paid
today).  As a result, 15.1 per cent of the Interim Dividend paid by the
Company was re-invested in ordinary shares in the Company via the DRIS.

In this allotment the employees and members of the Manager, YFM Private Equity
Limited, have been allotted 7,834 ordinary shares of 0.01 pence each in the
Company, bringing their aggregate total holding to 937,152 ordinary shares.

Application is now being made for the ordinary shares which were issued and
allotted as set out above to be admitted to the Official List of the Financial
Conduct Authority and to trading on the London Stock Exchange's Main Market
for listed securities, and dealings are expected to commence on or around 14
November 2025.

Following such issue and allotment the Company's issued share capital consists
of 330,660,608 ordinary shares of 0.01 pence each with voting rights ("Voting
Capital") and 33,528,365 ordinary shares of 0.01 pence each held in treasury.

The above statement of Voting Capital may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in the
Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Marcus Karia                       YFM Equity Partners
 
                                Tel:  0113 244
1000

Alex Collins                          Panmure
Liberum
                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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEWPGBAUUPAUBG



            Copyright 2019 Regulatory News Service, all rights reserved