Realisation of Vibration Tech

29 Sep 2006 10:15

British SmallerTechCompaniesVCT2PLC29 September 2006 British Smaller Technology Companies VCT 2 plc British Smaller Technology Companies VCT 2 plc announces that it has realisedthe whole of its investment in Vibration Technologies Limited following itsacquisition by French-based Sercel. The disposal realised cash proceeds of £2.3million for British Smaller Technology Companies VCT 2 plc - this compares to acarrying value at the last reporting date of £1.1 million. This excessover valuation represents an increase of approximately 7.2 pence per share ofthe last reported net asset value at 30 June 2006 of 74.8 pence per share. 29 September 2006 --END-- This information is provided by RNS The company news service from the London Stock Exchange