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IN BRIEF: British Smaller Cos intends to raise GBP50 million

Tue, 04th Oct 2022 21:27

British Smaller Cos VCT PLC and British Smaller Companies VCT2 PLC - venture capital trusts managed by YFM Equity Partners - On Monday, together say they intend to launch a new combined offer for subscription for the tax year 2022/23. Intend to raise up to GBP50 million, with over-allotment facilities of up to GBP25 million, before issuing costs.

Current BSC VCT stock price: 80.00 pence

12-month change: down 3.6%

Current BSC VCT2 stock price: 56.50 pence

12-month change: down 5.0%

By Heather Rydings; heatherrydings@alliancenews.com

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