British Smaller Companies VCT2 Plc Payment of Dividend and Allotment of Share (7021T)
October 07 2014 - 12:10PM
UK Regulatory
TIDMBSC
RNS Number : 7021T
British Smaller Companies VCT2 Plc
07 October 2014
British Smaller Companies VCT2 plc
Payment of Interim Dividend and Allotment of Shares
British Smaller Companies VCT2 plc (the "Company") announces
that on 7 October 2014 it paid an interim dividend of 2.0 pence per
ordinary share to shareholders on the register of members of the
Company as at the record date of 5 September 2014 ("Interim
Dividend").
The Company further announces that on 7 October 2014 it allotted
356,143 ordinary shares of 10 pence each pursuant to its dividend
re-investment scheme ("DRIS") at a price of 58.14 pence per share
to shareholders of the Company who elected to receive shares
instead of the Interim Dividend. As a result 16.6% of the Interim
Dividend paid by the Company was re-invested in shares in the
Company via the DRIS.
Under this allotment the employees of the fund manager, YFM
Private Equity Limited, have been allotted 482 ordinary shares of
10 pence each in the Company bringing their aggregate total holding
to 119,446 ordinary shares.
Application is now being made for the ordinary shares allotted
as set out above to be admitted to the premium segment of the
Official List of the UK Listing Authority and to trading on the
London Stock Exchange's main market for listed securities, and
dealings are expected to commence on or around 21 October 2014.
Following such allotment the Company's issued share capital
consists of 62,625,980 ordinary shares of 10 pence each with voting
rights ("Voting Capital") and 1,840,918 ordinary shares of 10 pence
each held in Treasury.
The above statement of Voting Capital may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in the Company under the FCA's
Disclosure and Transparency Rules.
7 October 2014
For further information, please contact:
David Hall YFM Private Equity Limited Tel: 0161 832 7603
Gillian Martin Nplus1 Singer Advisory LLP Tel: 020 7496 3000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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