REG - British Smaller Co's British Smlr Comp 2 - Offer Update

British Smaller Companies VCTAnnouncement

27/09/2023 08:30

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RNS Number : 8223N  British Smaller Companies VCT PLC  27 September 2023

27 September 2023

 

British Smaller Companies VCT plc and British Smaller Companies VCT2 plc
(together the "Companies")

 

Update on Offers

 

 

Further to the launch of new shares offers on 20 September 2023, the Companies
are pleased to announce that Application Forms are now available and are being
processed.

 

The new share offers in the 2023/24 tax year are seeking to raise, in
aggregate, up to £65 million, with an over-allotment facility of up to a
further £25 million, in aggregate, by way of prospectus offers of new
ordinary shares for subscription (the "Offers").

 

The Companies have issued a prospectus relating to the Offers (the
"Prospectus"). The proceeds will be allocated between the Companies in
accordance with the terms set out in the Prospectus.

 

The deadline for the receipt of Applications and cleared funds is 28 March
2024, or earlier if the Offers become fully subscribed.

 

The Prospectus 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:

 

David Hall                             YFM Private
Equity Limited                          Tel: 0113 244
1000

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

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