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British Smaller Companies VCT ( (GB:BSV) ) has shared an update.
British Smaller Companies VCT plc and its counterpart, British Smaller Companies VCT2 plc, have received applications exceeding £25 million for their new share offers for the 2025/26 tax year. The companies aim to raise up to £60 million, with an additional over-allotment facility of £25 million, through prospectus offers of new ordinary shares. This initiative reflects the companies’ strategy to enhance their capital base and expand their investment capacity, potentially benefiting stakeholders by increasing investment opportunities in smaller UK companies.
More about British Smaller Companies VCT
British Smaller Companies VCT plc operates in the financial services industry, focusing on venture capital trusts. The company primarily invests in smaller UK-based companies, providing them with growth capital and supporting their development across various sectors.
Average Trading Volume: 116,661
Technical Sentiment Signal: Strong Buy
Learn more about BSV stock on TipRanks’ Stock Analysis page.