IN BRIEF: British Smaller Cos VCT & VCT 2 receive offer applications
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