TIDMBSC

RNS Number : 0379D

British Smaller Companies VCT2 Plc

26 January 2018

British Smaller Companies VCT2 plc

Close of Offer to New Subscriptions

The Board of British Smaller Companies VCT2 plc (the "Company") is pleased to announce that the Offer for Subscription (the "Offer") that was launched on 11 January 2018 to raise up to GBP4.4 million has been fully subscribed from existing shareholders. This demonstrates shareholders' excellent support for the Company and, as a consequence, the Offer is now closed to new applications.

The allotment of new ordinary shares is expected to take place on 16 February 2018 and dealings in these shares are expected to commence on or around 2 March 2018.

A copy of the Offer Document was submitted to the National Storage Mechanism and is available to the public for viewing online at the following web-site address: http://www.morningstar.co.uk/uk/NSM.

26 January 2018

For further information, please contact:

David Hall YFM Private Equity Limited Tel: 0113 244 1000

   Jonathan Becher              Panmure Gordon (UK) Limited                  Tel: 0207 866 2715 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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