REG - British Smaller Co's British Smlr Comp 2 - Close of Offers to new Applications

British Smaller Companies VCTAnnouncement

18/12/2025 12:15

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RNS Number : 1579M  British Smaller Companies VCT PLC  18 December 2025

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 on 25 September 2025 seeking to
raise £85 million in aggregate for the 2025/26 tax year (the "Offers").

As a result of a 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.

Allotments

The allotment of the first £25 million of gross proceeds will take place on
or around 7 January 2026.

The second and final allotment of £60 million of gross proceeds will take
place between 1 and 2 April 2026.

Funds awaiting allotment will receive additional shares equivalent to a 2.36
per cent per annum return (rate subject to change by the receiving agent's
banking provider).

 

The Companies have issued a prospectus relating to the Offers (the
"Prospectus"), which is available from the Company's website:

www.bscfunds.com (http://www.bscfunds.com)

and is 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:

Marcus Karia                          YFM Equity
Partners
Tel: 0113 244 1000

Alex Collins                             Panmure
Liberum
Tel: 0207 886 2767

 

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