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

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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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UK EXECUTIVE CHANGE SUMMARY: Tracsis Appoints New Finance Chief

Mon, 28th Sep 2020 15:53

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:

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SSE PLC - energy firm - Non-Executive Director Crawford Gilles to step down with effect on Wednesday after five years in the role since 2015. SSE's board to compromise of chair, three executive directors and seven non-executive directors.

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Tracsis PLC - traffic data & transportation services - Appoints Andrew Kelly as chief financial officer with effect on February 1, 2021. Will replace Max Cawthra, who is stepping down from role after 10 years since 2011. Kelly is currently vice president of Finance & IT at Vitec Production Solutions, a division of photography & video products maker Vitec Group PLC.

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Bank of Cyprus Holdings PLC - banking - First Deputy Chief Executive Officer Chris Patsalides to step down with effect on October 31, after a 25-year tenure with the group. In addition, has appointed Constantine Iordanou as non-executive director and Executive Director of Finance Eliza Livadiotou to board as executive member. Both appointments require approval from European Central Bank.

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ULS Technology PLC - Oxfordshire-based conveyancing software provider - Chief Executive Officer Steve Goodall has stepped down from role with immediate effect to pursue other interests, after three years since 2017. Following an extensive search, the group has found a successor with extensive performance, but has not disclosed who the successor is.

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Henderson European Focus Trust PLC - investment trust - Appoints Senior Independent Director Vicky Hastings as interim chair, following the stepping down of Chair Robert Jeens with effect on Friday last week, for personal reasons, after ten months in the role since December 2019.

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Ovoca Bio PLC - Women's health-focused biopharmaceutical company - Appoints Chief Executive Officer Kirill Golovanov as interim chair with immediate effect, following the death of Executive Chair Mikhail Mogutov on Thursday last week, after 12 years in the role.

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Vectura Group PLC - London-based drug delivery products firm - Non-Executive Director Anne Whitaker to step down with effect on Wednesday, due to potential conflicts that could arise in the future, from her role as chief executive officer at Aerami Therapeutics, which specialises in the treatment of severe respiratory and chronic diseases.

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Mereo Biopharma Group PLC - London-based clinical-stage biopharmaceutical company focused on oncology and rare diseases - Appoints Brian Schwartz and Jeremy Bender as non-executive directors with effect on October 1. In addition, Non-Executive Director Paul Blackburn to step down after five years since 2015.

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British Smaller Companies VCT2 PLC - UK-focused venture capital trust - Appoints Barbara Anderson with effect on October 1. Also announced the resignation of Robert Pettigrew with effect at the end of 2020 after 20 years in the role.

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Blue Prism Group PLC - Warrington, England-based robotic process automation - Appoints Rachel Mooney as non-executive director with immediate effect.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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15 Mar 2024 14:58

British Smaller Cos VCT2 sees positive returns in 2023

(Alliance News) - British Smaller Cos VCT2 PLC on Friday reported annual returns ahead of its benchmark, and lauded its portfolio's performance in a challenging economic environment.

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16 Feb 2024 18:10

IN BRIEF: British Smaller Cos VCT & VCT 2 closes offer applications

British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC - Leeds, England-based venture capital trusts - Closes offer to new applications. In September last year, the company launched offers for subscriptions, raising GBP90 million.

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13 Dec 2023 21:14

TRADING UPDATES: Good Energy says ZapMap expands into mainland Europe

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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24 Nov 2023 14:01

British Smaller VCTs have mixed performances but "promising" future

(Alliance News) - British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC on Friday reported good progress in their latest half year and quarter respectively, despite a challenging macroeconomic climate.

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24 Oct 2023 19:21

EARNINGS AND TRADING: Robinson hit by Storm Babet, Altona loss widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:

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6 Oct 2023 14:04

IN BRIEF: British Smaller Cos VCT & VCT 2 receive offer applications

British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC - Leeds, England-based venture capital trusts - Say they have received GBP20 million in applications for its new share offer launched late September, which aims to raise GBP65 million. Says it has an over-allotment facility of a further GBP25 million. Says applicants subscribing for the first GBP20 million will receive additional shares worth 0.25% of the amount they subscribe, with the applicants for the next GBP10 million receiving shares worth an additional 0.125% to the amount they subscribe for.

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13 Sep 2023 19:01

IN BRIEF: British Smaller Companies VCT net asset value unchanged

British Smaller Companies VCT PLC - venture capital truss managed by YFM Equity Partners - Reports an unchanged net asset value of 83.7 pence in the quarter to June 30 compared to the previous quarter, and against the 0.4% fall in the FTSE Small Cap Index during the period. Says total return at June 30 was unchanged at 258.6 pence per share. Notes during the quarter, it invested GBP2.6 million into Workbuzz, an employee insights and engagement settlement platform and GBP0.8 million into Relative Insight. Also realised its investment in Ncam in April, generating initial proceeds of GBP1.4 million.

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2 Aug 2023 13:49

IN BRIEF: British Smaller Cos VCTs to launch new subscription offer

British Smaller Cos VCT PLC and VCT2 PLC - Leeds, England-based venture capital trusts - Announce their intention to launch a new combined subscription offer, in respect of the 2023 to 2024 tax year, later this year. Will publish a prospectus with full details of the proposed offer around the end of September or beginning of October. Will release further information, including the amount to be raised and date of launch, in due course.

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16 Jun 2023 13:52

IN BRIEF: British Smaller Cos VCT2 quarterly net asset value falls

British Smaller Cos VCT2 PLC - venture capital trust - As at March 31, net asset value per share amounts to 59.95 pence each, down from 61.6p on December 31. Says in the quarter to March 31, produces 1.0% return on its opening net asset value of 61.6 pence, compared to a fall of 1.9% in the FTSE Small Cap.

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27 Mar 2023 21:10

IN BRIEF: British Smaller VCT and VCT2 say fundraise hit maximum

British Smaller Cos VCT PLC and British Smaller Companies VCT2 PLC - venture capital trusts - Applications received for GBP75 million reach maximum level amid "strong level of demand ". Offer now closed to new applications.

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20 Mar 2023 17:19

British Smaller Companies VCT and VCT2 see NAV per share growth

(Alliance News) - British Smaller Companies VCT2 PLC on Monday said net asset value per share was up marginally while British Smaller Cos VCT PLC saw a "positive" third quarter.

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20 Mar 2023 17:19

British Smaller Companies VCT and VCT2 see NAV per share growth

(Alliance News) - British Smaller Companies VCT2 PLC on Monday said net asset value per share was up marginally while British Smaller Cos VCT PLC saw a "positive" third quarter.

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14 Feb 2023 19:34

British Smaller Companies VCT's report strong demand for offer

(Alliance News) - British Smaller Companies VCT PLC and British Smaller Companies VCT2 PLC on Tuesday confirmed they will use the over-allotment facility following strong demand for a subscription offer launched in November.

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6 Dec 2022 21:50

TRADING UPDATES: 7digital loan pact; Okyo Pharma files with SEC

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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25 Nov 2022 12:01

British Smaller and British Smaller VCT2 face "turbulent" conditions

(Alliance News) - British Smaller Cos VCT PLC and British Smaller Companies VCT2 PLC on Friday reported no quarterly net asset value progress amid tough market conditions.

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