Br.smaller Cos. Regulatory News (BSV)

4 Jan 2008 16:04

British Smaller Companies VCT PLC04 January 2008 British Smaller Companies VCT plc ("the Company") Offers for Subscription 4 January 2008 British Smaller Companies VCT plc announces that it has published a Prospectusto raise up to £5.313m through offers for subscription (the "Offers"). The Offers opened on 4 January 2008 and are expected to close on 4 April 2008 inrelation to the offer for subscription in respect of the 2007/2008 tax year andon 30 April 2008 in relation to the offer for subscription in respect of the2008/2009 tax year (or such earlier date on which the Offers are fullysubscribed and save that the Directors can extend the date of the 2008/2009offer at their absolute discretion). The Offers are for up to, in aggregate,5,000,000 ordinary shares of 10 pence each, to be issued at a price of 106.25peach, subject to a price adjustment in the event that the net asset value of theCompany's ordinary shares at the end of the month preceding any allotment ismore than 5% above or 5% below the current published net asset value of 102.7p. To obtain a copy of the Prospectus private investors and Financial Advisersshould call the investment adviser, YFM Private Equity, on 0800 854057. A copy of the Prospectus is also available, free of charge, from the Company'sregistered office or from: YFM Private Equity Limited Howard Kennedy Solicitors210-212 Chapeltown Road 19 Cavendish SquareLeeds LS7 4HZ London W1A 2AW The Prospectus has been submitted to the UKLA, and will shortly be available forinspection at the UKLA's Document Viewing Facility, which is situated at: Financial Services AuthorityThe North ColonnadeCanary WharfLondon E14 5NS For further information please contact: David Hall YFM Private Equity Limited 0800 854057 This information is provided by RNS The company news service from the London Stock Exchange