Last checked at 
8 Dec 2015 14:10
British Smaller Companies VCT2 plc
Offer for Subscription
The Board of British Smaller Companies VCT2 plc ("the Company") is pleased to announce that the Company has today launched a new share offer (the "Offer") to raise up to £3,600,000. Full details of the Offer are contained in an offer document (the "Offer Document") issued by the Company, dated 8 December 2015.
The Offer will be open to existing shareholders until 31 January 2016 and, unless the Offer has been fully subscribed, the Offer will then also be made available to new investors from 1 February 2016.
The Offer Document is available from the Company's website, www.bscfunds.com, and will be posted to existing shareholders on 11 December 2015.
The Offer opens on 8 December 2015 and will close on 5 April 2016. The Offer will close earlier if it is fully subscribed.
Pursuant to the Offer, YFM Private Equity Limited, the Company's Investment Adviser, will receive 3 per cent (of the gross proceeds of the Offer) in respect of subscriptions received either direct or through a financial adviser and 5 per cent (of the gross proceeds of the Offer) for subscriptions received through an execution only platform or broker. This constitutes a related party transaction under Listing Rule 11.1.10R.
The Offer Document will shortly be available for inspection at the National Storage Mechanism, which is located at:
http://www.morningstar.co.uk/uk/NSM
8 December 2015
For further information please contact:
David Hall YFM Private Equity Limited Tel: 0113 244 1000
Gillian Martin Nplus1 Singer Advisory LLP Tel: 0207 496 3000