7 Jan 2019 13:15
07 January 2019
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British Smaller Companies VCT plc and British Smaller Companies VCT2 plc (together the "Companies")
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Offers Open to New Investors
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The Companies are pleased to announce that the new share offer that was launched on 27 November 2018 for the 2018/19 tax year to raise, in aggregate, up to Β£30 million, with an over-allotment facility of up to Β£5 million, in aggregate, by way of prospectus offers of new ordinary shares for subscription (the "Offers") is now open to new investors.
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The Offers opened on 27 November 2018 and will close on 5 April 2019, or earlier if the Offers become fully subscribed. To date applications totalling Β£17.3 million in aggregate have been received.
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The Companies have issued a prospectus, which is comprised of a securities note, a registration document and a summary document, relating to the Offers (the "Prospectus"). The proceeds will be allocated between the Companies in accordance with the terms set out in the Prospectus.
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The Prospectus is available from the Companies' website: www.bscfunds.com and is available for inspection at the National Storage Mechanism, which is located at:
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www.morningstar.co.uk/uk/NSM
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For further information please contact:
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Tracey Nice
Investor Relations Support Manager
T: 0113 261 6478
E: tracey.nice@yfmep.com
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