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An announcement from British Smaller Companies VCT ( (GB:BSV) ) is now available.
British Smaller Companies VCT and VCT2 have successfully closed their offers for subscription after reaching their target of raising £75 million for the 2024/25 tax year, reflecting strong investor demand. The funds will be allocated in two tranches, and investors will receive additional shares as a return on funds awaiting allotment, indicating a positive reception and financial strategy that could bolster the companies’ growth and investment capabilities.
More about British Smaller Companies VCT
British Smaller Companies VCT plc and its counterpart VCT2 are firms in the venture capital trust industry, primarily focused on raising funds to invest in smaller UK-based companies. Their market focus involves providing capital to support growth and development in these smaller enterprises.
YTD Price Performance: 0.0%
Average Trading Volume: 52,802
Technical Sentiment Consensus Rating: Strong Sell
Learn more about BSV stock on TipRanks’ Stock Analysis page.
