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Pin to quick picksBr.small Co.2 Share News (BSC)

Share Price Information for Br.small Co.2 (BSC)

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Share Price: 56.50
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British Smaller Companies VCT 2 is an Investment Trust

To create a portfolio that blends a mix of businesses operating in established industries with those that offer opportunities in the application and development of innovation.

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British Smaller Companies VCT 2 Lowers Dividend Despite NAV Rise

Fri, 16th Mar 2018 15:16

LONDON (Alliance News) - British Smaller Companies VCT 2 PLC on Friday cut its dividend for 2017, despite a rise in net asset value.

The venture capital trust said its net asset value stood at GBP59.1 million, or 58.8 pence per share, up from GBP56.1 million, or 59.7 pence.

The total return for the year was 114.3 pence per share, up from the return of 112.2p the prior year, driven by GBP2.3 million underlying growth in the investment portfolio, almost entirely from value gains within the portfolio.

During the year, British Smaller Companies VCT 2 made two realisations, the first being Selima Holdings Co Ltd for GBP1.0 million and Harvey Jones Holdings Ltd for GBP560,000. Two full investments were also made, into Friska Ltd for GBP1.2 million and e2E Engineering Ltd for GBP600,000, as well as three follow-on investments totalling GBP570,000.

The total dividend for the year was 3.0 pence per share, down from 4.5p per share in 2016.

"The board recognises that the new regulatory environment for VCTs will change the portfolio's composition over time. New investments will be in growing, earlier-stage businesses that will be less able to fund debt instruments or pay dividends with the result that the company's ability to pay dividends will become increasingly dependent on the timing and amount of realisation proceeds," said Chairman Richard Last.

Shares in British Smaller Companies VCT 2 were untraded on Friday, last quoted at 53.50 pence.

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British Smaller Companies VCTs post total return growth

(Alliance News) - British Smaller Companies VCT 2 PLC and British Smaller Companies VCT PLC, two venture capital trusts managed by YFM Private Equity Ltd, on Monday posted increased total returns.

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11 Oct 2021 14:29

IN BRIEF: British Smaller Cos VCTs raise maximum offer amount

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IN BRIEF: British Smaller Cos VCTs gain applications for share offer

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IN BRIEF: British Smaller Cos VCTs gain applications for share offer

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IN BRIEF: British Smaller Cos trusts see sharp rise in net assets

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IN BRIEF: British Smaller Cos VCT 2 net asset value rises over quarter

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12 Mar 2021 15:08

IN BRIEF: British Smaller Cos VCT 2 net asset value dips; cuts payout

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IN BRIEF: British Smaller Cos VCT And VCT2 To Raise GBP7.1 Million

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IN BRIEF: British Smaller Cos VCTs Offer EUR8 Million In Shares Each

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UK EARNINGS SUMMARY: Helical Swings To Loss; Still Focused On Letting

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