British Smaller Companies VCT pays 2.00p interim dividend

Published 25/07/2025, 12:36
British Smaller Companies VCT pays 2.00p interim dividend

LONDON - British Smaller Companies VCT plc (LON:BSV) paid an interim dividend of 2.00 pence per ordinary share on Friday for the year ending March 31, 2026, the company announced in a press release.

The venture capital trust also issued 1,515,132 new ordinary shares at a price of 78.55 pence per share through its dividend re-investment scheme (DRIS). These shares were allotted to shareholders who elected to receive shares instead of cash dividends.

According to the company, 16.8 percent of the interim dividend was reinvested in ordinary shares via the DRIS. The subscription price was determined based on the net asset value of 80.55 pence per share as of March 31, 2025, adjusted for the 2.00 pence dividend payment.

Employees and members of YFM Private Equity Limited, the company’s manager, received 6,677 ordinary shares in this allotment, bringing their total holdings to 1,309,427 shares.

The newly issued shares are expected to begin trading on the London Stock Exchange (LON:LSEG)’s Main Market around August 8, 2025, pending admission to the Official List of the Financial Conduct Authority.

Following this issuance, British Smaller Companies VCT’s share capital consists of 355,997,862 ordinary shares with voting rights and 35,694,505 ordinary shares held in treasury.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.