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British Smaller Companies VCT Announces Special Dividend and Fundraising Success

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British Smaller Companies VCT Announces Special Dividend and Fundraising Success

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An announcement from British Smaller Companies VCT ( (GB:BSV) ) is now available.

British Smaller Companies VCT plc announced a special interim dividend of 1.25 pence per share following the successful sale of its investment in Traveltek. This payout will be reflected in a reduction of the net asset value per share. Additionally, the company reported significant interest in its joint share offer with British Smaller Companies VCT2 plc, receiving applications for over £63 million, with a first allotment planned for late January 2025.

More about British Smaller Companies VCT

British Smaller Companies VCT plc is a venture capital trust that invests in smaller UK businesses, aiming to provide shareholders with a combination of dividends and long-term capital growth. The company focuses on diverse industry sectors, reflecting a strategic approach to maximizing returns through its investment portfolio.

YTD Price Performance: 3.91%

Average Trading Volume: 48,569

Technical Sentiment Consensus Rating: Strong Sell

See more data about BSV stock on TipRanks’ Stock Analysis page.

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