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

Share Price Information for Br.small Co.2 (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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Net Asset Value

26 Mar 2020 16:30

RNS Number : 7706H
British Smaller Companies VCT2 Plc
26 March 2020
 

British Smaller Companies VCT2 plc (the "Company")

Net Asset Value

The Company has been monitoring the ongoing disruption being caused by COVID-19 and, in particular, its current impact on portfolio companies. In light of this, the Company announces that the unaudited net asset value per ordinary share as at 25 March 2020 was 48.1 pence (31 December 2019 (audited) 55.2 pence per ordinary share). The Company will continue to monitor the performance of its portfolio companies, and will advise shareholders of any further significant movement in net asset value.

As previously reported, on 10 March 2020 the Company realised its investment in Business Collaborator Limited for £5.1 million, compared to a valuation of £3.5 million at 31 December 2019. The realised gain has been included in the unaudited net asset value announced today.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulations (EU Regulation 596/2014).

For further information please contact:

David Hall YFM Private Equity Limited Tel: 0113 244 1000

Alex Collins Panmure Gordon (UK) Limited Tel: 0207 886 2767

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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