Northern Venture Tst Offer For Subscription Update

 
TIDMNVT 
 
 
   16 OCTOBER 2017 
 
   NORTHERN VENTURE TRUST PLC 
 
   OFFER FOR SUBSCRIPTION UPDATE 
 
   Further to the announcement made by Northern Venture Trust PLC ("NVT") 
on 22 September 2017 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 2017/18 tax year, NVT announces 
that its offer of new ordinary shares to raise a total of up to GBP20 
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 10 November 2017 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 GBP20 million 
each in the 2017/18 tax year remain open for subscription and will close 
when fully subscribed, but in any case no later than 5 April 2018. 
 
   Enquiries: 
 
   Alastair Conn/Christopher Mellor, NVM Private Equity LLP - 0191 244 6000 
 
   Website:  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 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Northern Venture Trust PLC via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

October 16, 2017 10:00 ET (14:00 GMT)

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