REG - British Smaller Co's - Payment of Dividend and Issue of Equity

British Smaller Companies VCTAnnouncement

19/12/2025 10:15

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RNS Number : 2993M  British Smaller Companies VCT PLC  19 December 2025

British Smaller Companies VCT plc (the "Company")

Payment of Dividend and Allotment of Shares

The Company announces that on 19 December 2025 it paid an interim dividend for
the year ending 31 March 2026 of 2.00 pence per ordinary share to shareholders
on the register of members of the Company as at the record date of 21 November
2025 (the "Interim Dividend").

The Company further announces that on 19 December 2025 it issued and allotted
1,498,811 ordinary shares pursuant to its dividend re-investment scheme
("DRIS") at a price of 78.05 pence per ordinary share to shareholders of the
Company who elected to receive ordinary shares instead of the Interim
Dividend. The subscription price of 78.05 pence per ordinary share was
determined in accordance with the terms and conditions of the DRIS on the
basis of the net asset value of 80.05 pence per ordinary share as at 30
September 2025 (adjusted for the Interim Dividend of 2.00 pence per ordinary
share paid today).  As a result, 16.5 per cent of the Interim Dividend paid
by the Company was re-invested in ordinary shares in the Company via the DRIS.

In this allotment the employees and members of the Manager, YFM Private Equity
Limited, have been allotted 6,891 ordinary shares in the Company, bringing
their aggregate total holding to 1,199,122 ordinary shares.

Application is now being made for the ordinary shares which were issued and
allotted as set out above to be admitted to the Official List of the Financial
Conduct Authority and to trading on the London Stock Exchange's Main Market
for listed securities, and dealings are expected to commence on or around 9
January 2026.

Following such issue and allotment the Company's issued share capital consists
of 356,163,060 ordinary shares with voting rights ("Voting Capital") and
37,028,118 ordinary shares held in treasury.

The above statement of Voting Capital may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in the
Company under the FCA's Disclosure and Transparency Rules.

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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