Northern 2 VCT PLC Statement Regarding Intention To Fund Raise
November 23 2022 - 9:32AM
UK Regulatory
TIDMNTV
23 November 2022
NORTHERN 2 VCT PLC
STATEMENT REGARDING INTENTION TO FUND RAISE
Northern 2 VCT PLC ("the Company") is pleased to announce that,
subject to obtaining the requisite regulatory approvals, in
conjunction with Northern Venture Trust PLC and Northern 3 VCT PLC
(together with the Company known as the "Northern VCTs"), it
intends to launch a linked non-prospectus top up offer for
subscription in the 2022/2023 tax year to raise up to GBP6 million
in each of the Northern VCTs (the "Offers").
Full details of the Offers will be announced in due course. It
is expected that an offer document will be published by the Company
in January 2023, which will be available on the Mercia Asset
Management PLC website.
Subject to the requisite shareholder and regulatory approvals,
the Company also intends to raise further funds in the 2023/2024
tax year, with full details to be announced in due course.
Enquiries:
Sarah Williams / James Sly, Mercia Fund Management Limited -
0330 223 1430
Website:
https://www.globenewswire.com/Tracker?data=ReC-DOB9V7686XvZ1UUjEdP_mD0W8FYh4lBjV4mPzFCR3kB-IMWqKFEpRgOQ70UKeQCQ87cSdswgs38hkNEm0G0Wqi9kWNbo4HAu0CYRYSw=
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.
(END) Dow Jones Newswires
November 23, 2022 09:32 ET (14:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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