Transaction in Own Shares

RNS Number : 1889N
British Smaller Companies VCT2 Plc
28 September 2021
 

British Smaller Companies VCT2 plc ("the Company")

 

Purchase of Own Securities and Net Asset Value

 

The Company announces that on 27 September 2021 it purchased 675,308 ordinary shares of 10 pence each at a price of 59.40 pence per ordinary share including transaction costs. The shares purchased represent 0.48 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 June 2021 was 63.5 pence per ordinary share. The Company has declared an interim dividend of 1.5 pence per ordinary share to be paid on 25 October 2021 to shareholders on the register as at 24 September 2021. The ex-dividend date was 23 September 2021. Consequently the net asset value of the ordinary shares of 10 pence each at 27 September 2021 is 62.0 pence per ordinary share.

 

The Company's issued share capital now consists of 139,555,741 ordinary shares of 10 pence each with voting rights. In addition, the Company holds 15,276,543 ordinary shares of 10 pence each in treasury.

 

The above figure of 139,555,741 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:  0113 244 1000

 

Alex Collins    Panmure Gordon (UK) Limited  Tel:  0207 886 2767

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