British Smaller Co's - Purchase of Own Securities and Net Asset Value
29/06/2022 10:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220629:nRSc6203Qa&default-theme=true
RNS Number : 6203Q British Smaller Companies VCT PLC 29 June 2022
British Smaller Companies VCT plc ("the Company")
Purchase of Own Securities and Net Asset Value
The Company announces that on 28 June 2022 it purchased 474,729 ordinary
shares of 10 pence each at a price of 80.02 pence per ordinary share including
transaction costs. The shares purchased represent 0.25 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 2022 was 85.7 pence per
ordinary share. The Company has declared an interim dividend of 2.0 pence per
ordinary share which will be paid on 12 July 2022 to shareholders on the
register as at 10 June 2022. The ex-dividend date is 9 June 2022.
Consequently, the adjusted last reported net asset value of the ordinary
shares of 10 pence each is 83.7 pence per ordinary share.
The Company's issued share capital now consists of 185,785,416 ordinary shares
of 10 pence each with voting rights. In addition, the Company holds 19,309,711
ordinary shares of 10 pence each in treasury.
The above figure of 185,785,416 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:
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 (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 POSGIGDLSSDDGDC