Transaction in Own Shares

RNS Number : 8159K

British Smaller Companies VCT2 Plc

27 June 2014

 



British Smaller Companies VCT2 plc ("the Company")

Purchase of Own Securities and Total Voting Rights

The Company announces that on 27 June 2014 it purchased 63,196 ordinary shares of 10 pence each at a price of 57.67 pence per share. These shares will be held in Treasury.

If these shares had been purchased prior to the quarter ended 31 March 2014, 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 66.3 pence per ordinary share.

The Company's issued share capital now consists of 61,891,982 ordinary shares of 10 pence each with voting rights. In addition, the Company now holds 1,840,918 ordinary shares of 10 pence each 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 June 2014 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 27 June 2014 are as stated in this announcement.

27 June 2014

For further information, please contact:

David Hall                      YFM Equity Partners Limited                  Tel:  [phone]

Gillian Martin                 Nplus1 Singer Advisory LLP                     Tel:  [phone]

 

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