Transaction in Own Shares

RNS Number : 8145R

British Smaller Companies VCT2 Plc

31 October 2013

 



British Smaller Companies VCT2 plc ("the Company")

Purchase of Own Securities and Total Voting Rights

The Company announces that on 30 October 2013 it purchased 145,000 ordinary shares of 10 pence each at a price of 59.10 pence per share. These shares will be held in Treasury.

If these shares had been purchased prior to the quarter ended 30 September 2013, and on the assumption that there were no other alterations, the unaudited Net Asset Value per ordinary share of the Company at that date would have been unaltered at 65.6 pence per ordinary share.

The Company's issued share capital now consists of 46,443,563 ordinary shares with voting rights. In addition, the Company now holds 1,777,722 shares in Treasury.

The above figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

In addition, in accordance with DTR5.6, during the month of October 2013 the Company has only repurchased the shares detailed in this announcement. Therefore, the total number of voting rights and number of shares held in treasury as at 31 October 2013 are as stated in this announcement.

31 October 2013

For further information, please contact:

David Hall                      YFM Equity Partners Limited                  Tel:  [phone]

Matthew Thomas           Nplus1 Singer Advisory LLP                    Tel:  [phone]

 

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