Actualités et vidéos - NORTHERN 2 VCT ORD 5P - Page 3

8 MARCH 2024 NORTHERN 2 VCT PLC OFFER FOR SUBSCRIPTION – UPDATE Further to the announcement made by Northern 2 VCT PLC (“the Company”) on 18 September 2023 in conjunction with Northern Venture Trust PLC and Northern 3 VCT PLC in respect of the offers of new ordinary shares for subscription in the 2023/24 tax year, the Company announces that its offer of new ordinary shares to raise a total of up to £20.0 million is now fully subscribed and no further applications will be accepted. The...

6 MARCH 2024 NORTHERN 2 VCT PLC TRANSACTION IN OWN SHARES Northern 2 VCT PLC (“the Company”) announces that on 6 March 2024 it purchased for cancellation under an existing authority granted by shareholders 998,365 ordinary shares of 5p each in the market at a price of 54.72p per share, representing approximately 0.48% of the Company's issued ordinary share capital. There remain 208,853,354 ordinary shares in issue. In conformity with the Financial Conduct Authority’s Disclosure Guidance...

5 MARCH 2024 NORTHERN 2 VCT PLC DIRECTOR DECLARATION In accordance with LR 9.6.14 R, Northern 2 VCT PLC (“the Company”) announces that Ranjan Ramparia, non-executive director of the Company, was appointed as a non-executive director of JPMorgan Global Emerging Markets Income Trust plc with effect from 1 March 2024. There are no additional disclosures required to be made in accordance with LR 9.6.13 R of the Listing Rules. Enquiries: James Sly, Mercia Fund Management Limited - 0330 223 1430...

29 FEBRUARY 2024 NORTHERN 2 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 2 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 29 February 2024 consists of 209,851,719 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in...

9 FEBRUARY 2024 NORTHERN 2 VCT PLC UNAUDITED NET ASSET VALUE AS AT 31 DECEMBER 2023 Northern 2 VCT PLC (“the Company”) is a Venture Capital Trust (“VCT”) launched in 1999 and managed by Mercia Fund Management Limited. The Company’s objective is to provide long-term tax-free returns to investors through a combination of dividend yield and capital growth, by investing in a portfolio of investments mainly comprising unquoted venture capital holdings. In order to maintain approval by HM...

31 JANUARY 2024 NORTHERN 2 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 2 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 31 January 2024 consists of 209,851,719 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in the...

17 JANUARY 2024 NORTHERN 2 VCT PLC DIRECTOR/PDMR DEALINGS Northern 2 VCT PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Company’s Dividend Investment Scheme, the following PDMR acquired ordinary shares of 5 pence each in the Company. PDMR Date acquired No. of shares acquired Purchase price per share (£) Total current shareholding Cecilia McAnulty 17 January 2024 1,613 0.5680 161,136 These notifications are made in accordance...

17 JANUARY 2024 NORTHERN 2 VCT PLC ISSUE OF EQUITY AND TOTAL VOTING RIGHTS Northern 2 VCT PLC (“the Company”) announces that on 17 January 2024 it allotted 952,966 ordinary shares of 5p each to shareholders who agreed to subscribe for shares under the terms of the Company’s Dividend Investment Scheme. The subscription price was 56.8p per share. Following the above allotment there are 209,851,719 ordinary shares in issue. An application will be made at the earliest practicable opportunity...

29 DECEMBER 2023 NORTHERN 2 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 2 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 29 December 2023 consists of 208,898,753 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in...

20 DECEMBER 2023 NORTHERN 2 VCT PLC OFFER UPDATE – UTILISATION OF OVER-ALLOTMENT FACILITY Northern 2 VCT PLC (“the Company”) in conjunction with Northern Venture Trust PLC and Northern 3 VCT PLC (together with the Company known as “the Northern VCTs”), published a prospectus (“the Prospectus”) on 18 September 2023 in relation to offers of new ordinary shares for subscription in the 2023/24 tax year (“the Offers”). Following strong demand in the Company’s shares under its...

7 DECEMBER 2023 NORTHERN 2 VCT PLC DIRECTOR/PDMR DEALINGS Northern 2 VCT PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus dated 18 September 2023, the following PDMR acquired ordinary shares of 5 pence each in the Company. PDMR Date acquired No. of shares acquired Purchase price per share (£) Total current shareholding Ranjan Ramparia 7 December 2023 16,638 0.6010 16,638 These notifications are made in accordance with...

7 DECEMBER 2023 NORTHERN 2 VCT PLC DIRECTOR/PDMR DEALINGS Northern 2 VCT PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus dated 18 September 2023, the following PDMR acquired ordinary shares of 5 pence each in the Company. PDMR Date acquired No. of shares acquired Purchase price per share (£) Total current shareholding Peter Dines 7 December 2023 8,361 0.5980 34,149 These notifications are made in accordance with the...

7 DECEMBER 2023 NORTHERN 2 VCT PLC DIRECTOR/PDMR DEALINGS Northern 2 VCT PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus dated 18 September 2023, the following PDMR acquired ordinary shares of 5 pence each in the Company. PDMR Date acquired No. of shares acquired Purchase price per share (£) Total current shareholding Cecilia McAnulty 7 December 2023 25,085 0.5980 159,523 These notifications are made in accordance with...

7 DECEMBER 2023 NORTHERN 2 VCT PLC ISSUE OF EQUITY AND TOTAL VOTING RIGHTS Northern 2 VCT PLC (“the Company”) announces that on 7 December 2023 it allotted 15,720,030 ordinary shares of 5p each in respect of the offer of new ordinary shares for subscription in the 2023/24 tax year, pursuant to the prospectus published on 18 September 2023 (the “Prospectus”). In accordance with the Pricing Formula set out in the Prospectus, the new ordinary shares were issued at prices between 59.80 pence...

5 DECEMBER 2023 NORTHERN 2 VCT PLC TRANSACTION IN OWN SHARES Northern 2 VCT PLC (“the Company”) announces that on 5 December 2023 it purchased for cancellation under an existing authority granted by shareholders 1,264,397 ordinary shares of 5p each in the market at a price of 55.67p per share, representing approximately 0.65% of the Company's issued ordinary share capital. There remain 193,178,723 ordinary shares in issue. In conformity with the Financial Conduct Authority’s Disclosure...

30 NOVEMBER 2023 NORTHERN 2 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 2 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 30 November 2023 consists of 194,443,120 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in...

23 NOVEMBER 2023 NORTHERN 2 VCT PLC DIVIDEND DECLARATION Northern 2 VCT PLC (“the Company”) is pleased to declare an interim dividend of 1.8 pence per ordinary share in respect of the year ending 31 March 2024. The interim dividend will be paid on 17 January 2024 to shareholders on the register on 15 December 2023. The ex-dividend date is 14 December 2023. The Company’s dividend investment scheme, which enables shareholders to invest their dividends in new ordinary shares free of dealing...

23 NOVEMBER 2023 NORTHERN 2 VCT PLC HALF-YEARLY REPORT A copy of Northern 2 VCT PLC’s unaudited half-yearly report for the six months ended 30 September 2023 has been submitted to the National Storage Mechanism. A copy of the report is also available on the Mercia website at www.mercia.co.uk/vcts/n2vct/ Enquiries: James Sly, Mercia Fund Management Limited - 0330 223 1430 Website: www.mercia.co.uk/vcts The contents of the Mercia Asset Management PLC website and the contents of any website...

23 NOVEMBER 2023 NORTHERN 2 VCT PLC UNAUDITED HALF-YEARLY FINANCIAL REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023 Northern 2 VCT PLC is a Venture Capital Trust (VCT) managed by Mercia Fund Management Limited. It invests mainly in unquoted venture capital holdings and aims to provide long-term tax-free returns to shareholders through a combination of dividend yield and capital growth. Financial highlights (comparative figures as at 30 September 2022 and 31 March 2023) Six months ended 30...

13 NOVEMBER 2023 NORTHERN 2 VCT PLC CHANGE IN REGISTRAR Northern 2 VCT PLC (“the Company”) announces that it has appointed The City Partnership (UK) Limited as registrar to the Company. The appointment is effective from close of business 10 November 2023. Welcome letters detailing the change in registrar will be issued to all shareholders in due course. Enquiries: James Sly, Mercia Fund Management Limited - 0330 223 1430 Website: www.mercia.co.uk/vcts The contents of the Mercia Asset...