BSC VCT2 Directors

The Company benefits from a highly experienced Board consisting of three non-executive directors, who are listed below. The Board has overall responsibility for the Company’s investment policy and administration and has appointed YFM Private Equity as its fund manager.

Richard Last – Chairman

Richard Last is a Fellow of the Institute of Chartered Accountants in England and Wales with substantial experience in the IT software and services sectors, and is chairman and non-executive director of Patsystems plc and Arcontech Group plc (both financial software businesses listed on AIM). He is also a non-executive director of Lighthouse Group plc and of Corero Group plc, both AIM listed. In addition, he is also a director and shareholder of a number of private companies including the IT company APD Communications Limited. He is non-executive chairman of CSE Global UK Limited, a subsidiary of a Singapore Stock Exchange listed company and is the non-executive chairman of Parseq Group Plc, an AIM listed IT and services company.

Robert Pettigrew

Robert has more than 20 years experience in the development of emerging businesses and, in particular, the commercial exploitation of new technologies. He co-founded The Generics Group of companies (re-named Sagentia) in 1986 and was a key member of the team that took the company public in December 2000. He retired from The Generics Group at the end of 2002 to pursue independent investment activities. He is an investor-director on the boards of a number of technology companies, including Sphere Medical Limited and Acal Energy Limited (of which he is chairman).

Peter Waller

Peter is an experienced chairman and director with extensive UK and international executive experience in the IT technology, software and services sector. He initially worked with IBM Hitachi and Spring Limited, at that time one of the UK’s largest recruitment and training businesses. He is currently Chairman of Rocela Ltd, KeyPoint Technologies Limited and Premier Veterinary Group Ltd. For the past decade Peter has worked as a board member with a succession of early stage and early growth private and public companies. His particular skills are in sales and marketing and working with companies to develop successful sales growth strategies.