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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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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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Transaction in Own Shares

30 Dec 2014 07:00

RNS Number : 8732A
British Smaller Companies VCT PLC
30 December 2014
 

British Smaller Companies VCT plc ("the Company")

 

Purchase of Own Securities and Total Voting Rights

 

The Company announces that on 29 December 2014 it purchased 123,000 ordinary shares of 10 pence each at a price of 87.65 pence per share. These shares will be held in treasury.

If these shares had been purchased prior to the quarter ended 30 September 2014, the net asset value per ordinary share of the Company at that date would have been unaltered at 99.1 pence per ordinary share.

 

The Company's issued share capital following the buy back consists of 65,397,783 ordinary shares of 10 pence each with voting rights. In addition, the Company holds 3,129,322 ordinary shares of 10 pence in treasury. This figure excludes any shares allotted between 29 December 2014 and the date of settlement. The buy back will be settled in ten days on 8 January 2015.

The above figure of 65,397,783 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

30 December 2014

 

For further information, please contact:

 

David Hall YFM Equity Partners Limited Tel: 0113 244 1000

 

Gillian Martin / Emily Watts 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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