British VCTs Plan New £50M Investment Offer

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

British Smaller Companies VCT2 plc, in conjunction with British Smaller Companies VCT plc, has announced plans to launch a new combined Offer for the 2024-25 tax year, with the intention to raise up to £50 million and an over-allotment option of an additional £25 million. A prospectus detailing the Offer is expected to be available in mid-October on the Companies’ website, following regulatory approvals. The move aims to provide investors with an opportunity to participate in the growth potential of British small businesses.

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