Northern Venture Tst Offer Update

 
TIDMNVT 
 
 
   20 FEBRUARY 2020 
 
   NORTHERN VENTURE TRUST PLC 
 
   OFFER FOR SUBSCRIPTION UPDATE 
 
   Further to the announcement made by Northern Venture Trust PLC ("NVT") 
on 10 January 2020 in conjunction with Northern 2 VCT PLC ("N2VCT") and 
Northern 3 VCT PLC ("N3VCT") in respect of the offers of new ordinary 
shares for subscription in the 2019/20 tax year, NVT announces that its 
offer of new ordinary shares to raise a total of up to GBP13.3 million 
is now fully subscribed and no further applications will be accepted. 
It is expected that the allotment of new ordinary shares will be 
completed no later than 1 April 2020 and that admission to the Official 
List will become effective and dealings in the new ordinary shares will 
commence three business days after the date of allotment. 
 
   The offers by N2VCT and N3VCT to raise a total of up to GBP13.3 million 
each in the 2019/20 tax year remain open for subscription and will close 
when fully subscribed, but in any case no later than 1 April 2020. 
 
   Enquiries: 
 
   Simon John/James Bryce, NVM Private Equity LLP - 0191 244 6000 
 
   Website: 
https://www.globenewswire.com/Tracker?data=19yAWOulM3miLxUAfZ7EYHUEpsYVx4-aeLUjrGbL8LSEYkZXdmpKD3RKA9OuByULTLDvjbhFZhTypUjea3QBFQ== 
www.nvm.co.uk 
 
   Martin Glanfield, Chief Financial Officer Mercia Asset Management PLC - 
0330 223 1430 
 
   Website: 
https://www.globenewswire.com/Tracker?data=19yAWOulM3miLxUAfZ7EYB8Zgoh4hX8E7WaDy0AzEgp5x677WZe0ntyiitPrRRkbj1GTuGBXx5bmhjb_N66R5Q== 
www.mercia.co.uk 
 
   Neither the contents of the NVM Private Equity LLP or the Mercia Asset 
Management PLC website, nor the contents of any website accessible from 
hyperlinks on the NVM Private Equity LLP or Mercia Asset Management PLC 
website (or any other website), is incorporated into, or forms part of, 
this announcement. 
 
 
 
 

(END) Dow Jones Newswires

February 20, 2020 04:30 ET (09:30 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.