British Smaller Companies VCT plc

Equities

BSV

GB0001403152

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:19 2024-06-07 EDT			5-day change	1st Jan Change
80 ^GBX	0.00%		0.00%	+3.90%

03-15	EARNINGS AND TRADING: Cykel and Mustang push back takeover deadline	AN
03-15	Tranche Update on British Smaller Companies VCT plc?s Equity Buyback Plan announced on September 25, 2023.	CI

British Smaller Companies VCT's report strong demand for offer

February 14, 2023 at 02:36 pm

(Alliance News) - British Smaller Companies VCT PLC and British Smaller Companies VCT2 PLC on Tuesday confirmed they will use the over-allotment facility following strong demand for a subscription offer launched in November.

Applications for the fundraising, which seeks to raise GBP50 million, have been received totalling GBP45 million. As a result, the GBP25 million over-allotment facility will be used.

This increases the maximum amount which can be raised under the subscription to GBP75 million.

The deadline for applications is March 31.

Shares in British Smaller Companies VCT closed up 2.0% at 76 pence and in British Smaller Companies VCT2 PLC up 1.9% at 55.00 pence in London on Tuesday.

By Jeremy Cutler, Alliance News reporter.

Comments and questions to newsroom@alliancenews.com.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BRITISH SMALLER COMPANIES VCT PLC	80 GBX	0.00%	0.00%	311M
	BRITISH SMALLER COMPANIES VCT 2 PLC	55 GBX	0.00%	0.00%	199M

Latest news about British Smaller Companies VCT plc

EARNINGS AND TRADING: Cykel and Mustang push back takeover deadline	03-15	AN
Tranche Update on British Smaller Companies VCT plc?s Equity Buyback Plan announced on September 25, 2023.	03-15	CI
British Smaller Cos VCT & VCT 2 closes offer applications	02-16	AN
Good Energy says ZapMap expands into mainland Europe	12-13	AN
British Smaller VCTs have mixed performances but "promising" future	11-24	AN
Earnings Flash (BSV.L) BRITISH SMALLER COMPANIES VCT Reports Fiscal H1 Revenue GBP1.6M	11-24	MT
British Smaller Companies VCT plc Reports Earnings Results for the Half Year Ended September 30, 2023	11-24	CI
Tranche Update on British Smaller Companies VCT plc?s Equity Buyback Plan announced on September 28, 2020.	11-24	CI
Tranche Update on British Smaller Companies VCT plc?s Equity Buyback Plan announced on September 25, 2023.	11-24	CI
British Smaller Companies VCT Announces Interim Dividend for the Year Ending 31 March 2024, Payable on 8 December 2023	23-10-26	CI
EARNINGS AND TRADING: Robinson hit by Storm Babet, Altona loss widens	23-10-24	AN
British Smaller Cos VCT & VCT 2 receive offer applications	23-10-06	AN
British Smaller Companies VCT's Share Offer Receives Over GBP20 Million of Subscriptions	23-10-06	MT
Inland Homes appoints administrators; EDX buys Hutano	23-09-27	AN
British Smaller Companies VCT plc (LSE : BSV) commences an Equity Buyback for 36,161,754 shares, representing 14.99% of its issued share capital, under the authorization approved on September 14, 2023.	23-09-25	CI
British Smaller Companies VCT plc's Equity Buyback announced on September 28, 2020, has expired with 8,744,062 shares.	23-09-14	CI
British Smaller Companies VCT net asset value unchanged	23-09-13	AN
Tranche Update on British Smaller Companies VCT plc?s Equity Buyback Plan announced on September 28, 2020.	23-09-13	CI
British Smaller Cos VCTs to launch new subscription offer	23-08-02	AN
ZEISS Group acquired Ncam Technologies Limited for £1.67 million.	23-07-17	CI
British Smaller Companies VCT outperforms benchmark in robust year	23-06-16	AN
British Smaller Companies VCT plc Reports Earnings Results for the Full Year Ended March 31, 2023	23-06-16	CI
British Smaller Companies VCT plc Declares Interim Dividend for the Year Ending 31 March 2024, Payable on 28 July 2023	23-06-16	CI
Tranche Update on British Smaller Companies VCT plc?s Equity Buyback Plan announced on September 28, 2020.	23-06-16	CI
British Smaller VCT and VCT2 say fundraise hit maximum	23-03-27	AN

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Company Profile

British Smaller Companies VCT plc is a United Kingdom-based venture capital trust (VCT). The Company's objective is to maximize total return and provide investors with a long-term tax-free dividend yield. The investment strategy of the Company is to invest in the United Kingdom businesses across a range of sectors that blends a mix of businesses operating in established and emerging industries that offer opportunities in the application and development of innovation in their products and services. Its investments are a qualifying investment and be primarily in unquoted United Kingdom companies. The Companyâs portfolio of investments across various sectors includes data, application software, business services, new media, advanced manufacturing, retail and brands, among others. YFM Private Equity Limited acts as a manager of the Company.

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Sector Venture Capital

	1st Jan change	Capi.
BRITISH SMALLER COMPANIES VCT PLC	+3.90%	311M
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OCTOPUS TITAN VCT PLC	-11.54%	1.21B
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OCTOPUS APOLLO VCT PLC	-4.17%	506M

Venture Capital