Re NAV at 31 October 2003
December 09 2003 - 8:07AM
UK Regulatory
RNS Number:0420T
British SmallerTechCompaniesVCT2PLC
09 December 2003
BRITISH SMALLER TECHNOLOGY COMPANIES VCT 2 PLC
At a recent Board meeting the directors resolved to adopt the new BVCA valuation
guidelines for the purposes of valuing the portfolio and deriving the net asset
value per Ordinary share on a quarterly basis. Due to the time elapsed since the
end of the third quarter, the directors have decided it is more relevant to
announce the net asset value at 31 October 2003 (month 10).
On this basis, which is consistent with the basis of valuation that will be
applied in the Annual Report to 31 December 2003, the net asset value of the
Company was 85.1p per Ordinary share.
This information is provided by RNS
The company news service from the London Stock Exchange
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