Northern 2 VCT PLC.
9 JANUARY 2012
NORTHERN 2 VCT PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
In accordance with the FSA's Disclosure Rules and Transparency Rules, Northern 2 VCT PLC ("the Company") announces the following changes to the beneficial interests of the Directors in the Company's ordinary shares of 5p each following the result of the Tender Offer which was announced on 9 January 2012. The Company was informed of the changes on 9 January 2012 and the transactions took place in London on 9 January 2012.
|Director||Registered shareholders||Holding before|
|% of share|
| A M Conn||A M Conn||280,457||(139,217)||141,240||0.26%|
| C G A Fletcher|| C G A Fletcher|
C F Fletcher
|F L G Neale||F L G Neale||68,377||(43,238)||25,139||0.05%|
As set out in the Prospectus dated 9 November 2011, each of the Directors has committed to re-invest the proceeds which he receives from the Tender Offer in accordance with the terms of the Prospectus. It is expected that new ordinary shares will be allotted accordingly to the Directors on 11 January 2012 in respect of the 2011/12 tax year.
Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 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.
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