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British Smaller Companies VCT2 Raises £9.8 Million Through Share Issuance

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British Smaller Companies VCT2 Raises £9.8 Million Through Share Issuance

British Smaller Companies VCT2 ( (GB:BSC) ) just unveiled an update.

British Smaller Companies VCT2 plc announced the successful issuance of ordinary shares, raising £9.8 million as part of their subscription offers for the 2024/25 tax year. The allotment, which closed to new applications on 8 January 2025, saw shares allotted at prices between 55.96 pence and 58.72 pence per share. This issuance is part of a larger effort, together with British Smaller Companies VCT plc, to raise a total of £25 million under the current offers. The shares are expected to be admitted to trading on the London Stock Exchange around 13 February 2025, with a second and final allotment planned for April 2025.

More about British Smaller Companies VCT2

YTD Price Performance: 0.0%

Average Trading Volume: 58,746

Technical Sentiment Consensus Rating: Strong Sell

Learn more about BSC stock on TipRanks’ Stock Analysis page.

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