Transaction in Own Shares

British Smaller Companies VCT PLC

16 December 2024

 

British Smaller Companies VCT plc ("the Company")

Purchase of Own Securities and Total Voting Rights

The Company announces that on 16 December 2024 it purchased 1,953,882 ordinary shares at a price of 76.31 pence per ordinary share including transaction costs. The shares purchased represent 0.65 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 30 September 2024 was 81.8 pence per ordinary share. The Company has declared a dividend of 2.0 pence per ordinary share which will be paid on 20 December 2024 to those shareholders on the Company's register at the close of business on 22 November 2024. The ex-dividend date was 21 November 2024. Consequently, the adjusted last reported net asset value of the ordinary shares is 79.8 pence per ordinary share.

The Company's issued share capital now consists of 299,937,867 ordinary shares with voting rights. In addition, the Company holds 32,317,862 ordinary shares in treasury.

The above figure of 299,937,867 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:

Marcus Karia                                      YFM Equity Partners                      Tel:  [phone]

Alex Collins                                         Panmure Liberum                           Tel:  [phone]

 

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