(Alliance News) - British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC on Friday pointed to "sticky inflation" as they reported muted results in the first half of financial 2026, and the third quarter of 2025, respectively. Read More
British Smaller Cos VCT PLC and British Smaller Cos VCT2 PLC - venture capital trusts with diversified portfolio of UK businesses - Applications above GBP25 million have been received for new share offers for the 2025/26 tax year. "Applicants subscribing for the first GBP25 million of application amounts under the offers will receive additional new shares equivalent to 0.125% of the amount they subscribe," the VCTs say. The offers are looking to raise GBP60 million, with an over allotment facility worth up to GBP25 million. Read More
British Smaller Cos VCT PLC and British Smaller Cos VCT2 PLC - Leeds, England-based venture capital trusts - Intend to launch a new combined offer for subscription relating to the 2025 to 2026 tax year. Planning to raise up to GBP60 million, with a further GBP25 million in over allotment facilities. Expects to publish a prospectus with further details on the offer in September. Adds that applications are expected to open one week after publication. Read More
(Alliance News) - British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC on Friday reported mixed performances for their latest periods, with steady investment activity and strong growth in several portfolio companies helping to offset challenging market conditions. Read More
British Smaller Cos VCT PLC and VCT2 PLC - venture capital trusts investing in UK companies across broad range of sectors - Says that applications exceeding GBP25 million have been received in relation to the new share offers in the 2024/25 tax year. The offers are seeking to raise up to GBP50 million, with an over-allotment facility of up to a further GBP25 million. Applicants subscribing for the first GBP25 million of application amounts will receive additional new shares equivalent to 0.1% of the amount they subscribe, which will be paid by YFM Private Equity Ltd, the manager of the companies. Read More
British Smaller Cos VCT PLC and VCT2 PLC - venture capital trusts investing in UK companies across broad range of sectors - The two VCTs plan a combined share subscription offer for the 2024-25 UK tax year, which ends in April. Details will be provided in "due course". In the meantime, VCT reports net asset value of 83.50 pence per share on June 30, while VCT2 has NAV of 57.50p per share. This is down from 83.60p and 59.25p, respectively, on March 31. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC - Leeds, England-based venture capital trusts - Closes offer to new applications. In September last year, the company launched offers for subscriptions, raising GBP90 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC on Friday reported good progress in their latest half year and quarter respectively, despite a challenging macroeconomic climate. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News: Read More
British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC - Leeds, England-based venture capital trusts - Say they have received GBP20 million in applications for its new share offer launched late September, which aims to raise GBP65 million. Says it has an over-allotment facility of a further GBP25 million. Says applicants subscribing for the first GBP20 million will receive additional shares worth 0.25% of the amount they subscribe, with the applicants for the next GBP10 million receiving shares worth an additional 0.125% to the amount they subscribe for. Read More