BRITISH SMALLER COMPANIES VCT PLC

Regulatory Filings • Jul 8, 2016

National Storage Mechanism | Additional information

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RNS Number : 6848D

British Smaller Companies VCT PLC

08 July 2016

British Smaller Companies VCT plc ("the Company")

Completion of new investment

The Company announces that on 30 June 2016 it completed an investment of £1.35 million to acquire 16% of Hosted Network Services Limited, trading as Sipsynergy.

Sipsynergy, based in Hertfordshire, is a market leading cloud collaboration solutions provider to SMEs.  Sipsynergy has worked closely with technology firm Cisco to create a solution which is sold on a white label basis through IT and telecoms resellers and managed service providers.

The funding will support the company's growth strategy through the expansion of its sales and support teams.

For further information please contact:

David Hall                    YFM Private Equity Limited                 Tel:  0113 244 1000

Gillian Maxwell            Nplus 1 Singer Advisory LLP               Tel:  020 7496 3000

This information is provided by RNS

The company news service from the London Stock Exchange

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