Northern VCTs joint share offer to raise a total of up to £60 million

Northern VCTs joint share offer to raise a total of up to £60 million.

The three Northern VCTs (Northern Venture Trust PLC, Northern 2 VCT PLC and Northern 3 VCT PLC) have launched a new joint share offer, to raise a total of up to £60 million (£20 million per fund) in the 2017/18 tax year which is now fully subscribed.

In previous share issues the VCTs have experienced strong demand from existing shareholders, and in recognition of this, existing shareholders will have priority application rights until 13 October 2017.

To download any of the offer documents click on the buttons below.

To view the report on this share issue by Tax Efficient Review click on the button below to download.

Cumulative value of applications logged under the offers - Last updated: 15/11/2017

Northern Venture Trust PLC - fully subscribed £20.0m
Northern 2 VCT PLC - fully subscribed £20.0m
Northern 3 VCT PLC - fully subscribed £20.0m
Total £60.0m

Copies of the Stock Exchange announcements made by each of the Northern VCTs in respect of the share offers can be found at:

Link to NVT announcement
Link to N2VCT announcement
Link to N3VCT announcement

In order to receive updates about our current share offer and fund news please register for London Stock Exchange email alerts by clicking here.