23rd Feb 2026 13:00
Offer Update23 FEBRUARY 2026
NORTHERN VENTURE TRUST PLC
OFFER FOR SUBSCRIPTION UPDATE
Further to the announcements made by Northern Venture Trust PLC (“the Company”) on 24 September 2025 and 8 December 2025 in conjunction with Northern 2 VCT PLC and Northern 3 VCT PLC, in respect of the offers of new ordinary shares for subscription in the 2025/26 tax year, the Company announces that its offer of new ordinary shares to raise a total of up to £30 million is now fully subscribed and no further applications will be accepted.
The offers by Northern 2 VCT PLC and Northern 3 VCT PLC to raise a total of up to £20 million and £30 million respectively in the 2025/26 tax year remain open for subscription and will close when fully subscribed, but in any case, no later than 12 noon on 31 March 2026 and subject to the Directors’ right to close the offers at any time.
Enquiries:
Sarah Williams / 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.
Related Shares:
Northern Venture Trust