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NTV Northern 2 Vct Plc

53.00
0.00 (0.00%)
18 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Northern 2 Vct Plc LSE:NTV London Ordinary Share GB0005356430 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 53.00 51.50 54.50 53.00 51.00 53.00 0.00 08:00:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 3.43M 2.85M 0.0128 41.41 118.28M

Statement regarding intention to fundraise

23/09/2024 10:00am

UK Regulatory


Northern 2 Vct (LSE:NTV)
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Statement regarding intention to fundraise

23 SEPTEMBER 2024

NORTHERN 2 VCT PLC

STATEMENT REGARDING INTENTION TO FUNDRAISE

Northern 2 VCT PLC (“the Company”) is pleased to announce that, subject to having the requisite shareholder and regulatory approvals, it intends, in conjunction with Northern Venture Trust PLC and Northern 3 VCT PLC (together with the Company known as the “Northern VCTs”), to launch a joint prospectus offer of new ordinary shares for subscription in the 2024/25 tax year (“the Offer”). It is envisaged that the Offer will seek to raise up to £15 million for the Company, with a total fund-raising of up to £36 million across the Northern VCTs.

Full details of the Offer will be contained in the prospectus which is expected to be published in January 2025.

Enquiries:

Sarah Williams / James Sly, Mercia Fund Management Limited - 0330 223 1430

Website: www.mercia.co.uk/vcts

The contents of the Mercia Asset Management PLC website and the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website) are not incorporated into, nor form part of, this announcement.


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