British Smaller Companies VCT plc (BSV.L)

79.50 +1.50 (+1.92%) As of 09:25AM GMT. Market open.

British Smaller Companies VCT plc

5th Floor
Valiant Building 14 South Parade
Leeds LS1 5QS
United Kingdom
44 1132 441 000
https://www.yfmep.com/bscvct/

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 

Description

British Smaller Companies VCT plc is a venture capital trust specializing in investments in early stage, mid and late venture, later stage, recapitalizations, growing capital-consuming businesses, acquisition funding and business development in mature, VCT qualifying and non-qualifying unquoted and quoted companies listed on alternative investment market and ISDX. It is an evergreen fund. It seeks to invest in firms that have business services, manufacturing, industrial, healthcare, software, Information Technology, telecommunications, retail and brands. The fund invests in floatation and some emerging technology. It prefers to invest in the United Kingdom. The fund invests between £1 million ($1.45 million) and £10 million ($14.48 million) in companies with sales value between £5 million ($7.24 million) and £25 million ($36.21 million). It invests between £0.25 million ($0.36 million) and £1 million ($1.45 million) in development capital. It may also invest in preference shares and loan stock. The fund holds its investments for an average period of seven years.

Corporate governance

British Smaller Companies VCT plc’s ISS governance QualityScore as of 1 February 2023 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.