Transaction in Own Shares

RNS Number : 1501D

British Smaller Companies VCT PLC

25 June 2021

 

British Smaller Companies VCT plc ("the Company")

Purchase of Own Securities and Net Asset Value

The Company announces that on 24 June 2021 it purchased 781,869 ordinary shares of 10 pence each at a price of 70.61 pence per ordinary share including transaction costs. The shares purchased represent 0.54 per cent of the total number of voting rights in the Company before the transaction. These shares will be held in treasury.

The last reported net asset value as at 31 March 2021 was 75.8 pence per ordinary share. The Company has declared an interim dividend of 2.0 pence per ordinary share to be paid on 23 July 2021 to shareholders on the register as at 25 June 2021. The ex-dividend date was 24 June 2021. Consequently the net asset value of the ordinary shares of 10 pence each at 24 June 2021 is 73.8 pence per ordinary share.

The Company's issued share capital now consists of 144,842,798 ordinary shares of 10 pence each with voting rights. In addition, the Company holds 16,468,050 ordinary shares of 10 pence each in treasury.

The above figure of 144,842,798 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.

For further information, please contact :

David Hall      YFM Private Equity Limited  Tel:  [phone]

Alex Collins    Panmure Gordon (UK) Limited  Tel:  [phone]

 

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