Transaction in Own Shares

RNS Number : 7507A

British Smaller Companies VCT PLC

30 September 2015

 



British Smaller Companies VCT plc ("the Company")

Purchase of Own Securities and Total Voting Rights

The Company announces that on 30 September 2015 it purchased 82,231 ordinary shares of 10 pence each at a price of 86.83 pence per share. These shares will be held in treasury. 

The last reported net asset value as at 30 June 2015 was 103.2 pence per share since when  a final dividend payment of 3.5 pence per ordinary share and a special dividend payment of 3.5 pence per ordinary share have been paid, resulting in an ex-dividend net asset value of 96.2 pence per share.

If these shares had been purchased prior to the quarter ended 30 June 2015, the net asset value per ordinary share of the Company at that date would have been unaltered at 103.2 pence per ordinary share.

The Company's issued share capital following the buy back consists of 91,403,772 ordinary shares of 10 pence each with voting rights. In addition, the Company holds 3,588,665 ordinary shares of 10 pence in treasury.

The above figure of 91,403,772 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 September 2015

For further information, please contact:

David Hall                                  YFM Private Equity Limited         Tel:  [phone]

James Maxwell                          Nplus1 Singer Advisory LLP        Tel:  [phone]

 

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