31 May 2005 10:49
British SmallerTechCompaniesVCT2PLC31 May 2005 BRITISH SMALLER TECHNOLOGY COMPANIES VCT 2 PLC ("the Company") ANNUAL GENERAL MEETING The Company announces that the Annual General Meeting was held on 27 May 2005and all the resolutions proposed were passed. The final dividend for the year of5 pence per share will be paid to eligible shareholders on 3 June 2005. Commenting on progress in the new financial year, the Chairman, Sir Andrew HughSmith, said, "The Board is confident that, in the long term, the investmentportfolio will perform well. The recent deterioration in business confidencecaused by poor economic performance in the major European economies and the slowdown in the UK retail and housing market is expected to have some effect onshort term performance, particularly on realisation opportunities through IPOsor trade sales." --END-- This information is provided by RNS The company news service from the London Stock Exchange