British Smaller Companies VCT2 plcLSE: BSC

British Smaller Companies VCT2: Payment of dividend and issue of equity

· Issued by British Smaller Companies VCT2 plc via RNS

Summary by 6ix AI

On October 23, 2026, British Smaller Companies VCT2 plc paid an interim dividend of 1.50 pence per ordinary share for the year ending December 31, 2026, to shareholders on the register at the record date of September 25, 2026.

Key details

  • On October 23, 2026, the company issued 1,476,711 ordinary shares of 0.01 pence each at 50.75 pence per share to shareholders who chose shares instead of cash under its dividend re-investment scheme.
  • The 50.75 pence price was based on the net asset value (the value of the company's assets less liabilities) of 52.25 pence per share as at June 30, 2026, adjusted for the 1.50 pence interim dividend.
  • 13.1 per cent of the interim dividend was reinvested in ordinary shares through the scheme.
  • Employees and members of the manager, YFM Private Equity Limited, were allotted 5,699 shares, bringing their total holding to 814,876 ordinary shares.
  • After the issue, the company has 381,907,782 ordinary shares with voting rights and 42,152,249 ordinary shares held in treasury (shares the company holds itself).

What’s still pending

  • An application is being made for the new shares to be admitted to the Official List of the Financial Conduct Authority (the UK financial regulator) and to trading on the London Stock Exchange's Main Market, with dealings expected to start on or around November 6, 2026.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/payment-of-dividend-and-issue-of-equity

British Smaller Companies VCT2 plc (the "Company")

Payment of Dividend and Allotment of Shares

The Company announces that on 23 October 2026 it paid an interim dividend for the year ending 31 December 2026 of 1.50 pence per ordinary share to shareholders on the register of members of the Company as at the record date of 25 September 2026 (the "Interim Dividend").

The Company further announces that on 23 October 2026 it issued and allotted 1,476,711 ordinary shares of 0.01 pence each pursuant to its dividend re-investment scheme ("DRIS") at a price of 50.75 pence per ordinary share to shareholders of the Company who elected to receive ordinary shares instead of the Interim Dividend. The subscription price of 50.75 pence per ordinary share was determined in accordance with the terms and conditions of the DRIS on the basis of the net asset value of 52.25 pence per ordinary share as at 30 June 2026 (adjusted for the Interim Dividend of 1.50 pence per ordinary share paid today). As a result, 13.1 per cent of the Interim Dividend paid by the Company was re-invested in ordinary shares in the Company via the DRIS.

In this allotment the employees and members of the Manager, YFM Private Equity Limited, have been allotted 5,699 ordinary shares of 0.01 pence each in the Company, bringing their aggregate total holding to 814,876 ordinary shares.

Application is now being made for the ordinary shares which were issued and allotted as set out above to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's Main Market for listed securities, and dealings are expected to commence on or around 6 November 2026.

Following such issue and allotment the Company's issued share capital consists of 381,907,782 ordinary shares of 0.01 pence each with voting rights ("Voting Capital") and 42,152,249 ordinary shares of 0.01 pence each held in treasury.

The above statement of Voting Capital may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Marcus Karia                       YFM Equity Partners                                          Tel:  0113 244 1000

Alex Collins                          Panmure Liberum                                               Tel:  0207 886 2767

British Smaller Companies VCT2 plc on 6ix

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