Offer Update
March 08 2024 - 9:00AM
UK Regulatory
Offer Update
8 MARCH 2024
NORTHERN 2 VCT PLC
OFFER FOR SUBSCRIPTION – UPDATE
Further to the announcement made by Northern 2 VCT PLC (“the
Company”) on 18 September 2023 in conjunction with Northern Venture
Trust PLC and Northern 3 VCT PLC in respect of the offers of new
ordinary shares for subscription in the 2023/24 tax year, the
Company announces that its offer of new ordinary shares to raise a
total of up to £20.0 million is now fully subscribed and no further
applications will be accepted.
The offer by Northern Venture Trust PLC to raise a total of up
to £20.0 million closed to further applications on 23 February
2024. The offer by Northern 3 VCT PLC to raise a total of up to
£20.0 million in the 2023/24 tax year remains open for subscription
and will close when fully subscribed, but in any case, no later
than 12 noon on 28 March 2024 and subject to the Directors’ right
to close the offer at any time.
Enquiries:
James Sly, Mercia Fund Management Limited - 0330 223 1430
Website: 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.
Northern 2 Vct (LSE:NTV)
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