Northern 2 VCT PLC Portfolio Update
January 14 2014 - 6:00AM
UK Regulatory
TIDMNTV
14 JANUARY 2014
NORTHERN 2 VCT PLC
PORTFOLIO UPDATE
Further to the announcement made on 17 December 2013, Northern 2 VCT PLC
("Northern 2 VCT") confirms that the sale of its investment in Denara
Holdings Limited ("Denara") to Nasstar plc ("Nasstar") was duly
completed on 10 January 2014.
Northern 2 VCT has received total consideration of GBP1.54 million for
its holding of ordinary shares in Denara, comprising GBP1.15 million in
cash and 7,787,902 new ordinary shares of 1p in Nasstar with a value (at
the deemed issue price of 5p per share) of GBP0.39 million.
For further information, please contact:
NVM Private Equity Limited
Alastair Conn/Christopher Mellor 0191 244 6000
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 NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX 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 2 VCT PLC via Globenewswire
HUG#1754579
http://www.nvm.co.uk/investorarea/northern_2_vct_plc.php
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