Transaction in Own Shares

British Smaller Companies VCT plc ("the Company")

Purchase of Own Securities and Total Voting Rights

The Company announces that on 26 September 2024 it purchased 1,753,525 ordinary shares of 10 pence each at a price of 77.93 pence per ordinary share including transaction costs. The shares purchased represent 0.58 per cent of the total number of voting rights in the Company before the transaction. These shares will be held in treasury.

The last reported net asset value as at 30 June 2024 was 83.5 pence per ordinary share. The Company paid a dividend of 2.0 pence per ordinary share on 26 July 2024. Consequently, the adjusted last reported net asset value of the ordinary shares of 10 pence each is 81.5 pence per ordinary share.

The Company's issued share capital now consists of 301,891,749 ordinary shares of 10 pence each with voting rights. In addition, the Company holds 30,363,980 ordinary shares of 10 pence each in treasury.

The above figure of 301,891,749 ordinary shares 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 Private Equity Limited        Tel:  0113 244 1000

Alex Collins                                        Panmure Liberum                           Tel:  0207 886 2767