Director/PDMR Shareholding

1 APRIL 2022

NORTHERN 2 VCT PLC

NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMR”)

Northern 2 VCT PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Offer Document published on 10 January 2022, 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
Frank Leslie George Neale 1 April 2022 15,146 £0.6602 191,228

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:

Graham Venables/James Sly, Mercia Fund Management Limited – 0330 223 1430
Website: www.mercia.co.uk

The contents of the Mercia Asset Management PLC website, nor the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website), are not incorporated into, or form part of, this announcement.

NOTIFICATION OF DEALING FORM 

1 Details of the person discharging managerial responsibilities / person closely associated

a) Name Frank Leslie George Neale

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 2 VCT PLC
b) LEI 213800K2EJ4CM6G9K687

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 instrument

Identification code

Ordinary Shares of 5p each

GB0005356430

b) Nature of the transaction Allotment of new ordinary shares pursuant to the Prospectus published on 10 January 2022
c) Price(s) and volume(s) Price(s) £0.6602
Volume(s) 15,146
d) Aggregated information 

– Aggregated volume

– Price

Aggregate price £0.6602

Aggregate volume 15,146

Aggregate total £10,000

e) Date of the transaction  1 April 2022
f) Place of the transaction XLON


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