Transaction in Own Shares

RNS Number : 8732A

British Smaller Companies VCT PLC

30 December 2014

 

British Smaller Companies VCT plc ("the Company")

Purchase of Own Securities and Total Voting Rights

The Company announces that on 29 December 2014 it purchased 123,000 ordinary shares of 10 pence each at a price of 87.65 pence per share. These shares will be held in treasury.

If these shares had been purchased prior to the quarter ended 30 September 2014, the net asset value per ordinary share of the Company at that date would have been unaltered at 99.1 pence per ordinary share.

The Company's issued share capital following the buy back consists of 65,397,783 ordinary shares of 10 pence each with voting rights. In addition, the Company holds 3,129,322 ordinary shares of 10 pence in treasury.  This figure excludes any shares allotted between 29 December 2014 and the date of settlement. The buy back will be settled in ten days on 8 January 2015. 

The above figure of 65,397,783 ordinary shares 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.

30 December 2014

For further information, please contact:

David Hall                                  YFM Equity Partners Limited      Tel:  [phone]

Gillian Martin / Emily Watts        Nplus1 Singer Advisory LLP        Tel:  [phone]

 

END

 

 

POSXKLLLZLFLFBQ