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British Smaller Companies VCT2 Announces Special Dividend and Fundraising Progress
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British Smaller Companies VCT2 Announces Special Dividend and Fundraising Progress

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British Smaller Companies VCT2 ( (GB:BSC) ) has issued an update.

British Smaller Companies VCT2 plc has announced a special interim dividend of 1.0 pence per ordinary share following the successful sale of its investment in Traveltek. The dividend will be paid on 27 January 2025, impacting the net asset value, which will reduce to 54.85 pence per share. Additionally, the company is engaged in a joint £75 million share offering with British Smaller Companies VCT plc, having already received applications exceeding £63 million. The first allotment of funds is scheduled for late January 2025, with a second in April 2025, offering a 3.35% annual return on funds awaiting allotment.

More about British Smaller Companies VCT2

YTD Price Performance: 3.62%

Average Trading Volume: 36,817

Technical Sentiment Consensus Rating: Strong Sell

See more insights into BSC stock on TipRanks’ Stock Analysis page.

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