TIDMBSC

RNS Number : 2993I

British Smaller Companies VCT2 Plc

24 March 2015

British Smaller Companies VCT2 plc

Close of Offers to New Applications

British Smaller Companies VCT2 plc (the "Company") and British Smaller Companies VCT plc are seeking to raise GBP40 million in aggregate by way of offers for subscription ("Offers"). Full details of the Offers are contained in a prospectus issued by the Company and British Smaller Companies VCT plc on 20 October 2014 (the "Prospectus").

As a result of the strong level of demand the Company and British Smaller Companies VCT plc have now received applications to the maximum level permitted and, as a consequence, the Offers are now closed to new applications. The final allotment for the 2014/15 tax year will take place on 30 March 2015, with the allotment for the 2015/16 tax year to follow as soon as practicable after 5 April 2015.

A copy of the Prospectus was submitted to the National Storage Mechanism and is available to the public for viewing online at the following web-site address: http://www.hemscott.com/nsm.do. It can also be viewed on the Company's website http://www.bscfunds.com.

24 March 2015

For further information, please contact:

David Hall YFM Private Equity Limited Tel: 0113 244 1000

   Emily Watts                    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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