British Smaller Companies VCT plc

Directorate Change

Appointment of non-executive director

The Board of British Smaller Companies VCT plc (the "Company") is pleased to announce the appointment of Purvi Sapre as an independent non-executive director with effect from 6 June 2022.

Purvi Sapre is currently a Managing Director at Sustainable Development Capital LLP, the Investment Manager of SDCL Energy Efficiency Income Trust plc ("SEEIT").  She is the fund manager for SEEIT and is a member of the SEEIT Investment Committee.

Purvi has over 15 years' investment experience in the UK and international markets, investing on behalf of debt, equity and impact investment funds, which is a valuable addition to the Board.

There are no details in respect of Ms Sapre requiring disclosure under paragraphs 9.6.13R (1) to (6) of the Listing Rules.

6 June 2022

For further information please contact:

David Hall                YFM Private Equity Limited                                  Tel:  0113 244 1000

Alex Collins              Panmure Gordon (UK) Limited                             Tel:  0207 886 2767