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Pin to quick picksBr.smaller Cos. Regulatory News (BSV)

Share Price Information for Br.smaller Cos. (BSV)

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Share Price: 80.00
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British Smaller Companies VCT is an Investment Trust

To maximise Total Return and provide investors with an attractive long-term tax-free dividend yield while maintaining the Company's status as a venture capital trust.

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Purchase of Own Securities

24 Mar 2016 15:33

RNS Number : 2601T
British Smaller Companies VCT PLC
24 March 2016
 

British Smaller Companies VCT plc ("the Company")

 

Purchase of Own Securities

 

Under the authority granted by shareholders at general meetings, the Company may buy back shares to enable shareholders to obtain some liquidity. The policy is kept under active review to ensure that any decisions taken are in the interest of shareholders as a whole.

 

The Company announces that from today the rate of discount at which ordinary shares will be bought back will be targeted to be no more than five per cent of the latest reported net asset value. The policy is at the discretion of the Board and is kept under active review.

 

24 March 2016

 

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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