Northern 2 VCT PLC Offer For Subscription
August 01 2013 - 4:45AM
UK Regulatory
TIDMNTV
1 AUGUST 2013
NORTHERN 2 VCT PLC
OFFER FOR SUBSCRIPTION
Northern 2 VCT PLC ("N2VCT") announces that in conjunction with Northern
Venture Trust PLC ("NVT") and Northern 3 VCT PLC ("N3VCT"), it has
published a Prospectus (comprising a Securities Note, Registration
Document and Summary) in relation to offers of new ordinary shares for
subscription in the 2013/14 and 2014/15 tax years ("the Offers"). The
Offers seek to raise a total of GBP15 million in N2VCT, GBP15 million in
NVT and GBP20 million in N3VCT.
Applications for the new shares will be considered on a first come first
served basis subject to the directors' discretion. Investors will be
permitted to make applications for shares in either or both of the
2013/14 and the 2014/15 tax years and to invest in any or all of the
three funds. The Offers will remain open until 4 April 2014 in respect
of the 2013/14 tax year and until 30 April 2014 in respect of the
2014/15 tax year, unless fully subscribed at an earlier date and subject
to the directors' right to close the Offers at any time.
To obtain a copy of the Securities Note, private investors and financial
advisers should call NVM Private Equity Limited on 0191 244 6000. A
downloadable version of the Securities Note will also be available from
www.nvm.co.uk/vctsn2013.
A copy of the Prospectus is available, free of charge, from N2VCT's
registered office:
Northumberland House
Princess Square
Newcastle upon Tyne
NE1 8ER
In accordance with the Listing Rules, the Prospectus has been submitted
to the National Storage Mechanism and will shortly be available for
inspection at www.morningstar.co.uk/uk/NSM.
Enquiries:
Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244
6000
Website: www.nvm.co.uk
Neither the contents of the NVM Private Equity Limited website nor the
contents of any website accessible from hyperlinks on the NVM Private
Equity Limited website (or any other website) is incorporated into, or
forms part of, this announcement.
This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: Northern 2 VCT PLC via Thomson Reuters ONE
HUG#1720431
http://www.nvm.co.uk/investorarea/northern_2_vct_plc.php
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