REG - British Smaller Co's - Transaction in Own Shares and PDMR

British Smaller Companies VCTAnnouncement

26/09/2023 08:30

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RNS Number : 6674N  British Smaller Companies VCT PLC  26 September 2023

British Smaller Companies VCT plc ("the Company")

 

PDMR Dealing and Purchase of Own Securities

 

The Company announces that on 25 September 2023 it purchased 1,065,966
ordinary shares of 10 pence each at a price of 78.12 pence per ordinary share
including transaction costs. The shares purchased represent 0.44 per cent of
the total number of voting rights in the Company before the transaction. These
shares will be held in treasury.

 

The last reported net asset value as at 30 June 2023 was 83.7 pence per
ordinary share. The Company paid an interim dividend of 2.0 pence per ordinary
share on 28 July 2023 to shareholders on the register as at 30 June 2023.
Consequently, the adjusted last reported net asset value of the ordinary
shares of 10 pence each is 81.7 pence per ordinary share.

 

The Company's issued share capital now consists of 240,991,484 ordinary shares
of 10 pence each with voting rights. In addition, the Company holds 23,525,696
ordinary shares of 10 pence each in treasury.

 

The above figure of 240,991,484 ordinary shares 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.

 

The Company also announces that it has received notice that on 25 September
2023 persons of close association to Rupert Cook, the Chair of the Company,
sold 26,126 ordinary shares of 10 pence each at a price of 77.62 pence per
ordinary share. Following this transaction, persons of close association to
Rupert Cook no longer hold any ordinary shares in the Company. Rupert Cook's
shareholding remains at 196,540 ordinary shares of 10p each.

 

 

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

 

 

 

Transactions by persons discharging managerial responsibilities and persons
closely associated with them

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         PERSONS CLOSELY ASSOCIATED TO RUPERT COOK

 2    Reason for the notification

 a)   Position/status                                              DIRECTOR

 b)   Initial notification /Amendment                              INITIAL NOTIFICATION

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         BRITISH SMALLER COMPANIES VCT PLC

 b)   LEI                                                          213800QXD4A9A3GGB469

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  ORDINARY SHARES OF 10P each

      Identification code

                                                                   ISIN: GB0001403152
 b)   Nature of the transaction                                    Sale of ordinary shares

 c)   Price(s) and volume(s)

Price(s)   Volume(s)

                                                            £0.7762    13,063

                                                            £0.7762    13,063

 d)   Aggregated information

      - Aggregated volume                                          26,126

      - Price                                                      £0.7762

 e)   Date of the transaction                                      25 September 2023

 f)   Place of the transaction                                     LONDON Stock Exchange, Main Market (XLON)

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

26,126

 

 

£0.7762

 

e)

 

Date of the transaction

 

 

25 September 2023

f)

 

Place of the transaction

 

 

LONDON Stock Exchange, Main Market (XLON)

 

 

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