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

British Smaller Companies VCTAnnouncement

20/11/2025 09:00

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RNS Number : 3383I  British Smaller Companies VCT PLC  20 November 2025

 

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

 

Utilisation of over-allotment facility

 

 

On 25 September 2025 the Companies launched offers for subscription (the
"Offers") seeking to initially raise £60 million in aggregate for the 2025/26
tax year.

 

With applications received to date approaching £55 million, and considering
the continuing level of demand, the Companies have today confirmed that the
over-allotment facility of £25 million will be used in full.  This increases
the maximum amount which can be raised under the Offers to £85 million in
aggregate.

 

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 receipt of Application Forms and cleared funds is 27 March
2026, 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 also 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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