6th Apr 2020 14:30
Director/PDMR Shareholding
6 APRIL 2020
NORTHERN VENTURE TRUST PLC
NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMR”)
Northern Venture Trust PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus published on 10 January 2020 the following PDMR acquired ordinary shares of 25 pence each in the Company.
| PDMR | Date acquired | No. of shares acquired | Purchase price per share (£) | Total current shareholding |
| David Andrew Mayes | 3 April 2020 | 359,890 | £0.56 | 1,010,850 |
The Notification of Dealing Form for the above PDMR can be found below.This notification is made in accordance with the Market Abuse Regulation.
Enquiries:
Simon John/James Bryce, NVM Private Equity LLP - 0191 244 6000Website: www.nvm.co.uk
Martin Glanfield, Chief Financial Officer, Mercia Asset Management PLC – 0330 223 1430Website: www.mercia.co.uk
Neither the contents of the NVM Private Equity LLP or the Mercia Asset Management PLC website, nor the contents of any website accessible from hyperlinks on the NVM Private Equity LLP or Mercia Asset Management PLC website (or any other website), are incorporated into, or forms part of, this announcement.
NOTIFICATION OF DEALING FORM
1 Details of the person discharging managerial responsibilities / person closely associated
| a) | Name | David Andrew Mayes |
2 Reason for the notification
| a) | Position/status | Director |
| b) | Initial notification/ Amendment | Initial Notification |
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| a) | Name | Northern Venture Trust PLC |
| b) | LEI | 213800HR3R4WFICYFN46 |
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| a) | Description of the financial instrument, type of instrumentIdentification code | Ordinary Shares of 25p each GB0006450703 |
| b) | Nature of the transaction | Allotment of new ordinary shares pursuant to the Prospectus published on 10 January 2020 |
| c) | Price(s) and volume(s) | Price(s) £0.5557Volume(s) 359,890 |
| d) | Aggregated information - Aggregated volume- Price | Aggregate price £0.5557 Aggregate volume 359,890 Aggregate total £200,000 |
| e) | Date of the transaction | 3 APRIL 2020 |
| f) | Place of the transaction | XLON |
Related Shares:
Northern Venture Trust