REG - British Smlr Comp 2 British Smaller Co's - Close of Offers to New Applications

British Smaller Companies VCTAnnouncement

16/02/2024 16:00

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RNS Number : 5016D  British Smaller Companies VCT2 Plc  16 February 2024

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

Close of Offers to New Applications

The Companies launched offers for subscription on 20 September 2023 seeking to
raise £90 million in aggregate for the 2023/24 tax year (the "Offers").

As a result of a strong level of demand, the Companies have now received
applications to the maximum level permitted and, as a consequence, the Offers
are now closed to new applications.

The allotment of the first £30 million of Applications took place on 30
January 2024.  It is intended that the second and final allotment for the
2023/24 tax year will take place on or around 3 April 2024, with certificates
issued within 10 working days thereafter.

The Companies have issued a prospectus relating to the Offers (the
"Prospectus"), which 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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