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British Smaller Companies VCT Raises £50 Million Through Share Allotment
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British Smaller Companies VCT Raises £50 Million Through Share Allotment

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Invest with Confidence:

British Smaller Companies VCT ( (GB:BSV) ) has issued an announcement.

British Smaller Companies VCT plc, alongside British Smaller Companies VCT2 plc, successfully raised £50 million for the 2024/25 tax year through subscription offers, with an additional £25 million over-allotment facility. On 30 January 2025, the company issued 18,882,044 ordinary shares, raising £15.2 million, while applications for these shares to be listed on the London Stock Exchange are underway. The issue price was calculated based on the latest unaudited net asset value, adjusted for recent dividends. The final allotment is expected to occur in early April 2025.

More about British Smaller Companies VCT

YTD Price Performance: 0.0%

Average Trading Volume: 54,521

Technical Sentiment Consensus Rating: Strong Sell

For a thorough assessment of BSV stock, go to TipRanks’ Stock Analysis page.

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