Northern Venture Tst Offer For Subscription Update
17 October 2017 - 1:00AM
UK Regulatory
TIDMNVT
16 OCTOBER 2017
NORTHERN VENTURE TRUST PLC
OFFER FOR SUBSCRIPTION UPDATE
Further to the announcement made by Northern Venture Trust PLC ("NVT")
on 22 September 2017 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 2017/18 tax year, NVT announces
that its offer of new ordinary shares to raise a total of up to GBP20
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 10 November 2017 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 GBP20 million
each in the 2017/18 tax year remain open for subscription and will close
when fully subscribed, but in any case no later than 5 April 2018.
Enquiries:
Alastair Conn/Christopher Mellor, NVM Private Equity LLP - 0191 244 6000
Website: 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
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Northern Venture Trust PLC via Globenewswire
(END) Dow Jones Newswires
October 16, 2017 10:00 ET (14:00 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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