The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

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

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

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 56.50
Bid: 55.50
Ask: 57.50
Change: 0.00 (0.00%)
Spread: 2.00 (3.604%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 56.50
BSC Live PriceLast checked at -
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.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.

More News
28 Sep 2020 15:53

UK EXECUTIVE CHANGE SUMMARY: Tracsis Appoints New Finance Chief

UK EXECUTIVE CHANGE SUMMARY: Tracsis Appoints New Finance Chief

Read more
12 Aug 2020 12:28

British Smaller Companies VCT2 Cuts Dividend, Net Asset Value Declines

British Smaller Companies VCT2 Cuts Dividend, Net Asset Value Declines

Read more
24 Jun 2020 13:00

IN BRIEF: British Smaller VCT2's NAV Falls Amid Volatile Market

IN BRIEF: British Smaller VCT2's NAV Falls Amid Volatile Market

Read more
20 Mar 2020 14:13

British Smaller Companies VCT2 Boosts Dividend; Net Assets Hike

British Smaller Companies VCT2 Boosts Dividend; Net Assets Hike

Read more
14 Aug 2019 15:12

British Smaller Companies VCT 2 Posts Interim Net Asset Value Decline

(Alliance News) - British Smaller Companies VCT 2 PLC on Wednesday reported a fall in net asset value in the first half of 2019 but total return was unchanged.As of June 30, the venture NAV

Read more
7 May 2019 14:32

UPDATE: British Smaller Cos VCT2 Appoints Waller As New Chair

LONDON (Alliance News) - British Smaller Cos VCT2 PLC on Tuesday has appointed Director Peter Waller as its new chair.Richard Last stepped down from the role following the trust's held

Read more
7 May 2019 12:28

British Smaller VCT2 Quarterly Net Assets Fall But Portfolio Value Up

LONDON (Alliance News) - British Smaller Cos VCT2 PLC on Tuesday said its net assets slipped in the three months to March but the trust "made progress" resulting in a higher total March

Read more
1 Apr 2019 17:43

British Smaller Cos VCT And VCT2 Raise Combined GBP35 Million (ALLISS)

LONDON (Alliance News) - British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC said Monday they have both made a subscription offer, raising a combined GBP35.0 million.British Cos 2

Read more
22 Mar 2019 12:44

British Smaller Cos VCT2 Net Asset Value Increases In Full Year

LONDON (Alliance News) - British Smaller Cos VCT2 PLC on Friday reported a single-digit rise in net asset value in 2018, while the dividend remained unchanged.The stock was trading 4.7% on

Read more
6 Mar 2019 16:05

Avingtrans, Hargreaves Services Chair Joins British Smaller Cos VCT2

LONDON (Alliance News) - British Smaller Cos VCT2 PLC on Wednesday announced the appointment of Hargreaves Services PLC and Avingtrans PLC Chair Roger McDowell to its board.McDowell, whose

Read more
21 Nov 2018 14:34

British Smaller Cos VCT, VCT2 See Net Asset Value Growth In First Half

LONDON (Alliance News) - British Smaller Cos VCT PLC and British Smaller Cos VCT2 PLC on Wednesday reported a rise in net asset value per share in the first half of financial 2019.British a

Read more
23 Oct 2018 13:39

British Smaller Cos VCTs To Raise GBP30 Million In Joint Subscription (ALLISS)

LONDON (Alliance News) - British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC said Tuesday they plan to raise GBP30 million by way of a joint offer of shares for subscription.The 2

Read more
9 May 2018 16:08

British Smaller Companies VCT2 Posts Growth In First Quarter

LONDON (Alliance News) - British Smaller Companies VCT2 said on Wednesday both its net asset per share as well as its total return rose in the first quarter of 2018.Its net asset value per

Read more
28 Nov 2016 08:05

TOP NEWS: JD Sports Buys Go Outdoors For GBP112.3 Million

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.