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RNS Number : 6457P

British Smaller Companies VCT PLC

11 February 2019

British Smaller Companies VCT plc and British Smaller Companies VCT2 plc (together the "Companies")

Close of Offers to New Applications

The Companies are seeking to raise GBP30 million in aggregate for the 2018/19 tax year by way of offers for subscription (the "Offers") launched on 27 November 2018.

As a result of the strong level of demand the Companies have now received applications to the maximum level permitted and, as a consequence, the Offers are now closed to new applications. The first and final allotment for the 2018/19 tax year will take place between 1 - 5 April 2019.

The Companies have issued a prospectus, which is comprised of a securities note, a registration document and a summary document, relating to the Offers (the "Prospectus"). The Prospectus is available from the Companies' website: www.bscfunds.com and is available for inspection at the National Storage Mechanism, which is located at: www.morningstar.co.uk/uk/NSM

For further information please contact:

Tracey Nice

Investor Relations Support Manager

T: 0113 261 6478

E: tracey.nice@yfmep.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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February 11, 2019 06:15 ET (11:15 GMT)

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