TIDMBSC

RNS Number : 7847T

British Smaller Companies VCT2 Plc

10 January 2017

British Smaller Companies VCT2 plc

Close of Offer to New Subscriptions

On 3 January 2017 British Smaller Companies VCT2 plc (the "Company") launched an Offer for Subscription (the "Offer") to raise up to GBP4.25 million.

The Board is pleased to announce, within a week of its launch, that the Offer has been fully subscribed from existing shareholders demonstrating their excellent support for the Company and, as a consequence, the Offer is now closed to new applications.

The allotment of new ordinary shares is expected to take place on 27 January 2017 and dealings in these shares are expected to commence on or around 10 February 2017.

A copy of the Offer Document was submitted to the National Storage Mechanism and is available to the public for viewing online at the following web-site address: http://www.morningstar.co.uk/uk/NSM.

10 January 2017

For further information, please contact:

David Hall YFM Private Equity Limited Tel: 0113 244 1000

   Jonathan Becher              Panmure Gordon (UK) Limited                    Tel: 0207 866 2715

This information is provided by RNS

The company news service from the London Stock Exchange

END

OUPLLFFILVIILID

(END) Dow Jones Newswires

January 10, 2017 05:25 ET (10:25 GMT)

British Smaller Companie... (LSE:BSC)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more British Smaller Companie... Charts.
British Smaller Companie... (LSE:BSC)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more British Smaller Companie... Charts.