Director/PDMR Shareholding – 6th April 2020

Director/PDMR Shareholding

6 APRIL 2020

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 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
Alastair Macbeth Conn 3 April 2020 19,650 £0.51 527,356

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 6000
Website:  www.nvm.co.uk

Martin Glanfield, Chief Financial Officer, Mercia Asset Management PLC – 0330 223 1430
Website: 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 Alastair Macbeth Conn

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 Issue of Ordinary Shares under the Company’s dividend investment scheme
c) Price(s) and volume(s) Price(s)  £0.5089
Volume(s)  19,650
d) Aggregated information 
– Aggregated volume
– Price
Aggregate price   £0.5089
Aggregate volume  19,650

 

Aggregate total  £10,000

e) Date of the transaction  3 April 2020
f) Place of the transaction XLON

NASDAQ_1000329647-en

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