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.
British Smaller Cos current stock price: 77.63 pence each
12-month change: down 1.1%
British Smaller Cos 2 current stock price: 56.50 pence each
12-month change: up 1.8%
By Harvey Dorset, Alliance News reporter
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Br.smaller Cos. (BSV)
Br.small Co.2 (BSC)