Northern Venture Tst Update Re Offer For Subscription
January 14 2019 - 12:00PM
UK Regulatory
TIDMNVT
14 JANUARY 2019
NORTHERN VENTURE TRUST PLC
OFFER FOR SUBSCRIPTION UPDATE
Further to the announcement made by Northern Venture Trust PLC ("NVT")
on 4 January 2019 in conjunction with Northern 2 VCT PLC ("N2VCT") and
Northern 3 VCT PLC ("N3VCT") in respect of the offers of new ordinary
shares for subscription in the 2018/19 tax year, NVT announces that its
offer of new ordinary shares to raise a total of up to GBP6.6 million is
now fully subscribed and no further applications will be accepted. It
is expected that the allotment of new ordinary shares will be completed
no later than 5 April 2019 and that admission to the Official List will
become effective and dealings in the new ordinary shares will commence
three business days after the date of allotment.
The offers by N2VCT and N3VCT to raise a total of up to GBP6.6 million
each in the 2018/19 tax year remain open for subscription and will close
when fully subscribed, but in any case no later than 5 April 2019.
Enquiries:
Simon John/James Bryce, NVM Private Equity LLP - 0191 244 6000
Website:
https://www.globenewswire.com/Tracker?data=9-6jYuiJd54RRUf5TRdG6qH_jmAcFWfs8bRMnYuKxr7U6DgtVCQ8AfazuJhKInNPW0s_blM18TxbScOw_7C4uQ==
www.nvm.co.uk
Neither the contents of the NVM Private Equity LLP website nor the
contents of any website accessible from hyperlinks on the NVM Private
Equity LLP website (or any other website) is incorporated into, or forms
part of, this announcement
(END) Dow Jones Newswires
January 14, 2019 13:00 ET (18:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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