Completion of New Investments

RNS Number : 7160Y

British Smaller Companies VCT2 Plc

03 December 2014

 



British Smaller Companies VCT2 plc ("the Company")

Completion of two new investments

The Company announces that it has recently completed investments totalling £2.72 million to support the management buy-out of two businesses; ACC Aviation & Business Collaborator Limited.   

ACC Aviation is a market leader in the provision of broking services on short term aircraft leases around the world. Business Collaborator is a well-established collaboration software provider (primarily for the construction industry).

This brings the aggregate investment during the first eleven months of the current financial year into both new and existing companies to £12.85 million.

For further information please contact:

David Hall                    YFM Private Equity Limited                 Tel:  [phone]

Gillian Martin                Nplus 1 Singer Advisory LLP                Tel:  [phone]

 

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