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 Offer Document 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 (£)
|Nigel Jonathan Beer||3 April 2020||44,871||£0.56||272,087|
The Notification of Dealing Form for the above PDMR can be found below.
This notification is made in accordance with the Market Abuse Regulation.
Simon John/James Bryce, NVM Private Equity LLP – 0191 244 6000
Martin Glanfield, Chief Financial Officer, Mercia Asset Management PLC – 0330 223 1430
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||Nigel Jonathan Beer|
2 Reason for the notification
|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|
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
|Ordinary Shares of 25p each
|b)||Nature of the transaction||Allotment of new ordinary shares pursuant to the Offer Document published on 10 January 2020|
|c)||Price(s) and volume(s)||Price(s) £0.5572
– Aggregated volume
|Aggregate price £0.5572
Aggregate volume 44,871
Aggregate total £25,000
|e)||Date of the transaction||3 April 2020|
|f)||Place of the transaction||XLON|