Northern 2 VCT PLC Issue Of Equity

 
TIDMNTV 
 
 
   2 APRIL 2019 
 
   NORTHERN 2 VCT PLC 
 
   ISSUE OF EQUITY AND TOTAL VOTING RIGHTS 
 
   Northern 2 VCT PLC ("the Company") announces that on 2 April 2019 it 
allotted 10,258,881 ordinary shares of 5p each in respect of the offer 
of new ordinary shares for subscription in the 2018/19 tax year, 
pursuant to the Offer Document published on 3 January 2019 ("the Offer 
Document").  In accordance with the Pricing Formula set out in the Offer 
Document, the new ordinary shares were issued at prices between 63.80 
pence per share and 65.97 pence per share depending on the level of 
Promoter's Fee and Adviser Charge (if applicable) pertaining to each 
application. 
 
   Following the above allotment, there are 140,303,141 ordinary shares in 
issue.  The Company does not hold any ordinary shares in treasury. 
 
   Application will be made for the new ordinary shares, which will rank 
pari passu with the existing ordinary shares, to be admitted to the 
Official List of the UK Listing Authority and to trading on the London 
Stock Exchange's main market for listed securities, and dealings are 
expected to commence on 9 April 2019. 
 
   In conformity with the Financial Conduct Authority's Disclosure Guidance 
and Transparency Rules (the "DTRs"), the Company notifies the market 
that the capital of the Company consists of 140,303,141 ordinary shares 
with a nominal value of 5p each.  All the ordinary shares have voting 
rights.  The Company does not hold any ordinary shares in treasury.  The 
total number of voting rights in the Company is therefore 140,303,141 
("the Figure").  The Figure may be used by a shareholder or other person 
as the denominator for the calculations by which he will determine if he 
is required to notify the voting rights he holds in relation to the 
Company, or a change to those voting rights, under the DTRs. 
 
   Defined terms in this announcement have the same meaning as in the Offer 
Document. 
 
   Enquiries: 
 
   Simon John/James Bryce, NVM Private Equity LLP - 0191 244 6000 
 
   Website: 
https://www.globenewswire.com/Tracker?data=tbIGYoU3SGatKfhXXcPdIVcn8YVfgk3usFy27ZntDVkinR_FRPpMdD-T3np_IIOih4pXipPhk9ZngBnVofEL3w== 
www.nvm.co.uk 
 
   Neither the contents of the NVM Private Equity LLP website nor the 
contents of any website accessible from hyperlinks on the NVM Private 
Equity LLP website (or any other website) is incorporated into, or forms 
part of, this announcement. 
 
 
 
 

(END) Dow Jones Newswires

April 02, 2019 07:15 ET (11:15 GMT)

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