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: 2:00 pm 12 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 20,000,000 100.0% 100.0% Closed
Northern 3 VCT PLC 20,000,000 20,000,000 100.0% 100.0% Closed
Total 60,000,000 60,000,000 100.0% 100.0%
 

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

**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.

EVOTIX

Acquisition will help create world-class HSE solution

Watch as CEO, Matthew Elson tells this fascinating growth story of EVOTIX and further details what the acquisition means for the business in the years ahead.

Mercia’s Northern VCTs initially invested in SHE Software in 2018, and that was followed by subsequent rounds of investment in 2020 and 2022.

Lineup Systems

Innovative ERP, sales, and subscription management solutions

In this interview we hear from Mercia’s MD of National Venture, Peter Dines, CEO of Lineup Systems, Chris Spalding and Investment Partner of NVM, James Arrowsmith about how they help some of the world’s most iconic media companies maximise revenues, reduce technology costs and streamline operational processes to drive performance.

The Climbing Hangar

Helping customers lead happier, healthier and more connected lives through climbing

Natasha Wallace spoke to Ged MacDomhnaill, founder of The Climbing Hanger, a fast growing chain of indoor climbing walls, with a vision to ‘get everyone off the ground’.