TIDMBSC

RNS Number : 4575R

British Smaller Companies VCT2 Plc

19 November 2012

British Smaller Companies VCT2 plc ("the Company")

Publication of Prospectus and Circulars re: Offer for Subscription

On 16 November 2012, the Company and British Smaller Companies VCT plc issued a prospectus and circulars relating to a proposed joint Offer for Subscription to raise up to GBP15 million in aggregate. Under this joint Offer, the Company is seeking to raise up to GBP5 million by way of an Offer for Subscription of up to 7,374,101 Ordinary Shares.

The Offer opened on 16 November 2012. The 2012/2013 Offers in relation to the 2012/2013 tax year will close at 11:00 am on Friday 5 April 2013 and the 2013/2014 Offers in relation to the 2013/2014 tax year will close at 11:00 am on Tuesday 30 April 2013 (or such later date to which the Directors extend the 2013/2014 Offers) or earlier should the Offers become fully subscribed.

Copies of these documents will be submitted to the National Storage Mechanism and will be available to the public for viewing online at the following web-site address:

http://www.hemscott.com/nsm.do. They will also be available for viewing on the Fund Manager's website http://www.yfmep.com.

For further information please contact:

   David Hall       YFM Private Equity Limited  Tel: 0113 294 5039 
   Matthew Thomas        Nplus1 Singer Advisory LLP Tel: 020 7496 3059

This information is provided by RNS

The company news service from the London Stock Exchange

END

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