BSV.LSE · British Smaller Companies VCT plc

British Smaller Companies VCT plc is an evergreen fund and a venture capital trust specializing in private equity and venture capital investments with a focus on early stage, mid and late venture, later stage, recapitalizations, mature, later stage, emerging growth, growing capital-consuming businesses, unquoted smaller companies, acquisition funding and business development in mature, VCT qualifying and non-qualifying unquoted and quoted companies listed on alternative investment market and ISDX. It seeks to invest in firms that have business services, manufacturing, interactive home entertainment, consumer discretionary distribution and retail, consumer durables and apparel including household durables, consumer electronics, home furnishings, homebuilding, household appliances, housewares ad specialties, leisure products, textiles, apparels and luxury goods, industrial, healthcare, commercial services and supplies, commercial printing, diversified support services, environmental and facilities services, office services and supplies, security and alarm services, 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 prefers to make co-investments and provide follow-on capital to its winners. The fund holds its investments for an average period of seven years.