Northern VCTs

We’re pleased to announce that the three Northern VCTs (Northern Venture Trust PLC, Northern 2 VCT PLC and Northern 3 VCT PLC) are seeking to raise up to £42 million, with £14 million available for subscription in each. There are over-allotment facilities totalling £18 million (£6 million for each Company).

Key documents

To download any of the offer documents click on the buttons below:

 

To view the key information documents click on the buttons below:

 

Copies of the Stock Exchange announcements made by each of the Northern VCTs in respect of the share offers can be found at:

Northern VCTs funds raised

Correct as of: 8.30am 5 March 2024

 

Target Raise*
(£)
Amount Raised**
(£)
Percentage return of
initial £42m target (%)
Percentage raised of target incl. open overallotment facilities (%) Status
Northern Venture Trust PLC*** 20,000,000 20,000,000 100.0% 100.0% Closed
Northern 2 VCT PLC 20,000,000 18,877,000 100.0% 94.4% Overallotting
Northern 3 VCT PLC 20,000,000 17,668,000 100.0% 88.3% Overallotting
Total 60,000,000 56,545,000 100.0% 94.2%
 

* There are overallotment facilities of £18m that have been opened

**Includes monies logged from applications where funds have not yet cleared.

*** Northern Venture Trust PLC fully subscribed 23 February 2024

Apply now via online receiving agent

How to invest

Apply online

Apply directly online via the receiving agent.

 

Apply by post

An application form and instructions are also available to download here.

Completed forms should be sent to: Northern VCTs Offer, The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH.

 

For further information relating to applications made or the process to make an application, please contact The City Partnership on 01484 240 910. For any other enquiries please contact Mercia Investor Relations at 0330 223 1430 or at vctshareholderenquiries@mercia.co.uk.

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