British Smaller Companies VCT2 plc ("the Company")

Statement re Net Asset Value and Proposed Fundraising

The Company announces that as at 30 June 2024 the unaudited net asset value of its ordinary shares was 57.50 pence per ordinary share. An interim management report for the six months ended 30 June 2024 will be published in due course. 

New combined offer for subscription (the "Offer")

The Company and British Smaller Companies VCT plc are pleased to announce their intention to launch a new combined Offer for subscription for the 2024-25 tax year later this year.  

A prospectus with full details of the proposed Offer will be published in due course.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014). Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.

20 August 2024

For further information, please contact:

                Eamon Nolan     YFM Equity Partners                      Tel: 0113 244 1000

               Alex Collins         Panmure Liberum                           Tel: 0207 886 2767