British Smaller Companies VCT2 Plc Offer for Subscription (5933B)
January 11 2018 - 2:06AM
UK Regulatory
TIDMBSC
RNS Number : 5933B
British Smaller Companies VCT2 Plc
11 January 2018
British Smaller Companies VCT2 plc
Offer for Subscription
The Board of British Smaller Companies VCT2 plc ("the Company")
is pleased to announce that the Company has today launched a new
share offer (the "Offer") to raise up to GBP4.4 million. Full
details of the Offer are contained in an offer document (the "Offer
Document") issued by the Company, dated 11 January 2018.
The Offer will be open to existing shareholders until 2 February
2018 and, unless the Offer has been fully subscribed, the Offer
will then also be available to new investors from 3 February
2018.
The Offer Document is available from the Company's website:
www.bscfunds.com.
The Offer opens on 11 January 2018 and will close on 5 April
2018. The Offer will close earlier if it is fully subscribed.
Pursuant to the Offer, YFM Private Equity Limited, the Company's
Investment Adviser, will receive a fee of 2.5 per cent (of the
gross proceeds of the Offer) in respect of subscriptions received
either direct or through an adviser and 4.5 per cent (of the gross
proceeds of the Offer) for subscriptions received through an
execution only platform or broker. This constitutes a related party
transaction under Listing Rule 11.1.10R.
The Offer Document will shortly be available for inspection at
the National Storage Mechanism, which is located at:
http://www.morningstar.co.uk/uk/NSM
11 January 2018
For further information please contact:
David Hall YFM Private Equity Limited 0113 244 1000
Jonathan Becher Panmure Gordon (UK) Limited 0207 886 2715
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEUARWRWOAAARR
(END) Dow Jones Newswires
January 11, 2018 03:06 ET (08:06 GMT)
British Smaller Companie... (LSE:BSC)
Historical Stock Chart
From Apr 2024 to May 2024
British Smaller Companie... (LSE:BSC)
Historical Stock Chart
From May 2023 to May 2024