Close of Offer to New Subscriptions

RNS Number : 0276K

British Smaller Companies VCT2 Plc

23 December 2015

 



British Smaller Companies VCT2 plc

Close of Offer to New Subscriptions

On 8 December 2015 British Smaller Companies VCT2 plc (the "Company") launched an Offer for Subscription (the "Offer") to raise up to £3.6 million.

The Board is pleased to announce, within 15 days of its launch, that the Offer has been fully subscribed from existing shareholders demonstrating their continuing 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 14 January 2016 and dealings in these shares are expected to commence on or around 29 January 2016.

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.

23 December 2015

For further information, please contact:

David Hall                        YFM Private Equity Limited                      Tel: [phone]

Gillian Martin                   Nplus1 Singer Advisory LLP                     Tel: [phone]

 

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