Emisión de equidad
British Smaller Companies VCT plc (la "Compañía")
Emisión de equidad
On 20 September 2023 British Smaller Companies VCT plc and British Smaller Companies VCT2 plc (together the "Companies") launched offers for subscription (the "Offers") seeking to initially raise £65 million in aggregate for the 2023/24 tax year. On 13 December 2023, the Companies confirmed that the over-allotment facility of £25 million included in the Offers will be used in full. This increases the maximum amount which can be raised under the Offers to £90 million in aggregate.
The Company announces that today, 30 January 2024, it has made the first issue of ordinary shares pursuant to the Offers by allotting 22,560,594 ordinary shares of 10 pence each, raising gross proceeds of £18.6 million. This allotment was made in respect of the tax year 2023/2024. In accordance with the pricing formula set out in the Prospectus, the new ordinary shares were allotted at offer prices of between 81.62 pence and 85.96 pence per share depending on the adviser charge (if applicable) and the number of shares issued pertaining to each application. Applicants received additional New Shares equivalent to receiving a 3.70 per cent per annum rate of return on funds awaiting allotment, calculated by reference to the number of days between the acceptance of an Application (including full receipt of cleared funds) and the date of allotment.
The net asset value ("NAV") used for the calculation of the issue price on 30 January 2024 is the last reported NAV of 80.4 pence per ordinary share, being the unaudited NAV as at 30 September 2023 of 82.4 pence per ordinary share, adjusted for the interim dividend of 2.0 pence per ordinary share paid on 8 December 2023.
Together, the Companies have in total allotted shares relating to gross proceeds of £30.0 million under the Offers, of which £18.6 million has been raised by the Company and £11.4 million has been raised by British Smaller Companies VCT2 plc.
En esta asignación, a los empleados y miembros de la Administradora, YFM Private Equity Limited, se les han asignado 170,380 acciones ordinarias de 10 peniques cada una en la Compañía, lo que eleva su tenencia total agregada a 856,932 acciones ordinarias.
Applications are now being made by the Company for the ordinary shares which were allotted on 30 January 2024 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. Dealings are expected to commence on or around 13 February 2024.
Las Compañías han emitido un prospecto relacionado con las Ofertas (el "Folleto"). Los ingresos se distribuirán entre las Compañías de acuerdo con los términos establecidos en el Folleto.
The Offers remain open, with gross Applications received to date exceeding £75 million. The deadline for receipt of Application Forms and cleared funds is 28 March 2024, or earlier if the Offers become fully subscribed. The second and final allotment of the Offers is expected to take place between 2 - 4 April 2024.
El Folleto está disponible en el sitio web de la Compañía:
www.bscfunds.es
y también está disponible para inspección en el Mecanismo Nacional de Almacenamiento, el cual se encuentra ubicado en:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Tras la asignación de 22,560,594 acciones ordinarias, el capital social emitido de la Sociedad se compone de 263,796,519 acciones ordinarias con derecho a voto ("Capital con derecho a voto") y 24,501,263 acciones en autocartera.
La declaración anterior de Capital con derecho a voto puede ser utilizada por los accionistas como el denominador para los cálculos mediante los cuales determinarán si deben notificar su participación o un cambio en su participación en la Compañía conforme a las Reglas de Divulgación y Transparencia de la FCA.
30 de enero de 2024
Para más información, por favor póngase en contacto con:
David Hall YFM Private Equity Limited Tel: 0113 244 1000
Alex Collins Panmure Gordon (Reino Unido) Limited Tel: 0207 886 2767
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