British Smaller Cos VCT PLC and British Smaller Cos VCT 2 PLC - Leeds, England-based venture capital trusts - Say they have received £20 million in applications for its new share offer launched late September, which aims to raise £65 million. Says it has an over-allotment facility of a further £25 million. Says applicants subscribing for the first £20 million will receive additional shares worth 0.25% of the amount they subscribe, with the applicants for the next £10 million receiving shares worth an additional 0.125% to the amount they subscribe for.

British Smaller Cos current stock price: 77.63 pence each

12-month change: down 1.1%

British Smaller Cos 2 current stock price: 56.50 pence each

12-month change: up 1.8%

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