REG - British Smaller Co's British Smlr Comp 2 - Update on Offers

British Smaller Companies VCTAnnouncement

24/10/2024 09:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241024:nRSX3519Ja&default-theme=true

RNS Number : 3519J  British Smaller Companies VCT PLC  24 October 2024

24 October 2024

 

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

 

Update on Offers

 

 

Further to the launch of new share offers on 17 October 2024, the Companies
are pleased to announce that Application Forms are now available and are being
processed.

 

The new share offers in the 2024/25 tax year are seeking to raise, in
aggregate, up to £50 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
2025, or earlier if the Offers become fully subscribed.

 

The Prospectus is available from the Companies' 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 Private Equity
Limited                          Tel: 0113 244 1000

Alex Collins                           Panmure
Liberum
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  DOCBSBDGSBDDGSX