Northern 2 VCT PLC.
Issue of Equity
13 MAY 2014
NORTHERN 2 VCT PLC
ISSUE OF EQUITY AND TOTAL VOTING RIGHTS
Northern 2 VCT PLC ("the Company") announces that on 13 May 2014 it allotted 1,099,005 ordinary shares of 5p each in respect of the offer of new ordinary shares for subscription in the 2014/15 tax year, pursuant to the prospectus published on 31 July 2013 ("the Prospectus"). In accordance with the pricing formula set out in the Prospectus, the new ordinary shares were issued at prices between 85.07622 pence per share and 87.29432 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 92,336,328 ordinary shares in issue.
Application will be made at the earliest practicable opportunity for the new ordinary shares, which will rank pari passu with the 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 19 May 2014.
In conformity with the Financial Conduct Authority's Disclosure Rules and Transparency Rules, the Company notifies the market that the capital of the Company as at 13 May 2014 consists of 92,336,328 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 92,336,328 ("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 Financial Conduct Authority's Disclosure Rules and Transparency Rules.
Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Neither the contents of the NVM Private Equity Limited website nor the contents of any website accessible from hyperlinks on the NVM Private Equity Limited website (or any other website) is incorporated into, or forms part of, this announcement.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Northern 2 VCT PLC via Globenewswire