Source - Alliance News

British Smaller Cos VCT PLC and British Smaller Cos VCT2 PLC - Leeds, England-based venture capital trusts - Intend to launch a new combined offer for subscription relating to the 2025 to 2026 tax year. Planning to raise up to £60 million, with a further £25 million in over allotment facilities. Expects to publish a prospectus with further details on the offer in September. Adds that applications are expected to open one week after publication.

British Smaller Companies VCT PLC

Current stock price: 76.50 pence

12-month change: down 3.8%

British Smaller Companies VCT2 PLC

Current stock price: 51.00 pence

12-month change: down 7.3%

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