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 £36 million, with £15 million available for subscription in each of  Northern Venture Trust PLC and Northern 2 VCT PLC, and £6 million available for subscription for Northern 3 VCT PLC.

The offers are now to applications. Details regarding how to apply for shares will be available on this page once the offers are open.

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: 8:45 am 21 January 2025

 

Target Raise
(£)		 Amount Raised*
(£)		 Percentage return of
£36m target (%)		 Status
Northern Venture Trust PLC 15,000,000 2,559,000 17.1% Open
Northern 2 VCT PLC 15,000,000 2,022,000 13.5% Open
Northern 3 VCT PLC 6,000,000 2,125,000 35.4% Open
Total 36,000,000 6,706,000 18.6%
 

*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.

Recent investments

Watch case studies from recent VCT investees including Wobble Genomics, Heidi and iOpt.

Read more about the investments

Heidi

Flexible ski holidays, made easy

Co-founders and brothers of the Bristol-based, Heidi – Marcus and Alexander Blunt – tell the story of how a ‘spreadsheet holiday’ turned into one of the fastest-growing online tour operator specialising in flexible ski holidays.

Mercia Ventures led a £5.6milllon round into Heidi in March of this year to enable the business to further enhance its platform

Wobble Genomics

RNA and DNA sequencing specialists

In March of this year, Mercia Ventures led a £8.5million fundraise into Edinburgh-based Wobble Genomics Ltd.

Wobble has found a way to detect previously invisible ‘full length’ RNA, and the technology could have wide-ranging applications, from drug development and research to agriculture and ecology.

To find out a bit more, Mercia TV travelled to Scotland in July to speak to CEO and Founder Dr Richard Kuo.

Watch video

iOpt

Award-winning remote property monitoring specialists

iOpt‘s technology allows landlords and tenants to receive real-time information about the condition of a property, alerting them to potential issues before they arise.

Their award-winning sensor technology is monitoring thousands of properties across the UK, helping councils maintaining schools and houses, whilst ensuring tenant welfare.