Northern 2 VCT PLC.
Issue of Equity
4 OCTOBER 2013
NORTHERN 2 VCT PLC
ISSUE OF EQUITY AND TOTAL VOTING RIGHTS
Northern 2 VCT PLC ("the Company") announces that on 4 October 2013 it allotted 13,238,523 ordinary shares of 5p each in respect of the offer of new ordinary shares for subscription in the 2013/14 tax year pursuant to the Prospectus published on 31 July 2013. In accordance with the pricing formula set out in the Prospectus, the new ordinary shares were issued at prices between 81.89338 pence per share and 88.49558 pence per share depending on the level of promoter's fee and adviser charge (if applicable) pertaining to each application.
Following the above allotment, there are 87,660,602 ordinary shares in issue.
Application will be made at the earliest practicable opportunity for the new ordinary shares, which will rank pari passu with existing ordinary shares, to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities, and dealings are expected to commence by 15 October 2013.
The offers by the Company will remain open for subscription until 4 April 2014 in respect of the 2013/14 tax year and until 30 April 2014 in respect of the 2014/15 tax year, unless fully subscribed at an earlier date and subject to the directors' right to close the offers at any time.
In conformity with the Transparency Directive, the Company notifies the market that the capital of the Company consists of 87,660,602 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 Company is therefore 87,660,602 ("the Figure"). The Figure may be used by a shareholder or other person as the denominator for the calculations by which he will determine if he is required to notify the voting rights he holds in relation to the Company, or a change to those voting rights, under the FCA's Disclosure Rules and Transparency Rules.
Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Northern 2 VCT PLC via Thomson Reuters ONE