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RNS Number : 3675U British Smaller Companies VCT PLC 27 March 2023
British Smaller Companies VCT plc and British Smaller Companies VCT2 plc
(together the "Companies")
Close of Offers to New Applications
The Companies launched offers for subscription (the "Offers") on 30 November
2022 seeking to raise £75 million in aggregate for the 2022/23 tax year.
As a result of the strong level of demand the Companies have now received
applications to the maximum level permitted and, as a consequence, the Offers
are now closed to new applications. It is intended that the first and final
allotment for the 2022/23 tax year will take place on or around 4 April 2023
with certificates issued within 10 working days thereafter.
The Companies have issued a prospectus relating to the Offers (the
"Prospectus") dated 30 November 2022 together with a supplementary prospectus
dated 22 March 2023 (the "Supplementary Prospectus").
The Prospectus and the Supplementary Prospectus are available from the
Company's website:
www.bscfunds.com (http://www.bscfunds.com)
and are available for inspection at the National Storage Mechanism, which is
located at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)
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
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