Exclusive: Life Sciences Investor Briefing - Destiny Pharma #DEST, Shield #STX & Open Orphan #ORPH Watch Now

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

Mon, 1st Apr 2019 17:43

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 Smaller Cos made the first and final issue of 28.4 million shares, raising about GBP21.9 million. The subscription price was between 76.0 pence and 77.5p, depending on adviser charges.

British Smaller Cos VCT 2 allotted 22.8 million raising GBP13.1 million. VCT 2's shares were priced between 56.3p and 57.4p.

British Smaller Cos now has 138.8 million shares in issue and VCT 2 now has 131.3 million issued shares.

Shares in British Smaller Cos were untraded Friday but last closed at 70.00p each. British Smaller Cos VCT 2 closed down 1.9% at 51.50p.

Related Shares

More News

British Smaller Companies VCT Hires Two New Non-Executive Directors

(Alliance News) - British Smaller Companies VCT PLC said Wednesday it appointed two new non-executive directors at the venture capital trust.Adam Bastin joined British Smaller Companies He

11 Sep 19 15:29

British Smaller Cos VCT Reports Lower Net Asset Value In Quarter

(Alliance News) - British Smaller Cos VCT PLC on Thursday said it reviews acquisition options following a decline in net asset value in the quarter ended June 30.The investment company NAV

15 Aug 19 15:55

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

14 Aug 19 15:12

British Smaller Cos VCT Hikes Dividend Despite Fall In Net Asset Value

(Alliance News) - British Smaller Cos VCT PLC on Wednesday reported a 6.7% decline in net asset value in its most recently ended financial year.The investment company reported NAV per share

26 Jun 19 14:36

Login to your account

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