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 7 December 2023

 

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 13,464,000 96.2% 67.3% Open
Northern 2 VCT PLC 14,000,000 10,270,000 73.4% 73.4% Open
Northern 3 VCT PLC 14,000,000 9,860,000 70.4% 70.4% Open
Total 42,000,000 33,594,000 80.0% 70.0%
 

* There is an overallotment facility of £6m that has been opened in Northern Venture Trust PLC. The £12m overallotment facilities in Northern 2 VCT PLC and Northern 3 VCT PLC have not yet been utilised.

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

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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