23rd Feb 2026 14:49
(Alliance News) - Northern Venture Trust PLC on Monday said its fundraising offer is fully subscribed and no further applications will be accepted.
The offers by sister venture capital funds Northern 2 and Northern 3 remain open until fully subscribed, or until March 31.
The offer, worth GBP30 million in new ordinary shares for the single trust and GBP80 million for all three, follows another fundraise, worth a combined GBP80 million across the three funds, announced in December.
Northern Venture shares were untraded at 57.00 pence each on Monday afternoon in London. They last sold for 55.50p on Friday.
By Martin Miraglia, Alliance News reporter
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Related Shares:
Northern Venture TrustNorthern 2 VctNorthern 3 Vct