22nd Aug 2025 12:59
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.
British Smaller Companies VCT PLC
Current stock price: 76.50 pence
12-month change: down 3.8%
British Smaller Companies VCT2 PLC
Current stock price: 51.00 pence
12-month change: down 7.3%
By Christopher Ward, Alliance News reporter
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