British Smaller Companies VCT2 Plc Transaction in Own Shares (4855C)
13 April 2017 - 10:47PM
UK Regulatory
TIDMBSC
RNS Number : 4855C
British Smaller Companies VCT2 Plc
13 April 2017
British Smaller Companies VCT2 plc ("the Company")
Purchase of Own Securities and Total Voting Rights
The Company announces that on 13 April 2017 it purchased 350,000
ordinary shares of 10 pence each at a price of 55.8 pence per
ordinary share. The shares purchased represent 0.35 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 December 2016 was
59.7 pence per ordinary share since when an interim dividend of 1.5
pence per ordinary share has been declared, resulting in an
ex-dividend net asset value of 58.2 pence per ordinary share.
If these shares had been purchased prior to the quarter ended 31
December 2016 the unaudited net asset value per ordinary share of
the Company at that date would have been unaltered at 59.7 pence
per ordinary share.
The Company's share capital now consists of 100,411,545 ordinary
shares of 10 pence each with voting rights and 2,895,746 ordinary
shares of 10 pence each held in treasury.
The above figure 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.
13 April 2017
For further information, please contact:
David Hall YFM Private Equity Limited Tel: 0113 244 1000
Jonathan Becher Panmure Gordon (UK) Limited Tel: 0207 886 2715
This information is provided by RNS
The company news service from the London Stock Exchange
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