REG - British Smlr Comp 2 - Transaction in Own Shares

British Smaller Companies VCT2Announcement

25/06/2024 07:00

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RNS Number : 7456T  British Smaller Companies VCT2 Plc  25 June 2024

British Smaller Companies VCT2 plc ("the Company")

 

Purchase of Own Securities and Total Voting Rights

 

The Company announces that on 24 June 2024 it purchased 2,447,673 ordinary
shares of 10 pence each at a price of 55.36 pence per ordinary share including
transaction costs. The shares purchased represent 0.86 per cent of the total
number of voting rights in the Company before the transaction. These shares
will be held in treasury.

 

The last reported net asset value as at 31 March 2024 was 59.25 pence per
ordinary share. The Company will pay a dividend of 1.5 pence per ordinary
share on 28 June 2024 to shareholders on the register as at 31 May 2024. The
ex-dividend date was 30 May 2024. Consequently, the adjusted last reported net
asset value of the ordinary shares of 10 pence each is 57.75 pence per
ordinary share.

 

The Company's issued share capital now consists of 282,191,473 ordinary shares
of 10 pence each with voting rights. In addition, the Company holds 25,150,419
ordinary shares of 10 pence each in treasury.

 

The above figure of 282,191,473 ordinary shares 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:

 

Dan Perkins
                YFM Private Equity Limited        Tel:
0113 244 1000

 

Alex Collins
                                Panmure Gordon
(UK) Limited  Tel:  0207 886 2767

 

 

 

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