Northern 3 VCT PLC.
Northern 3 VCT PLC's principal objective is to invest in a portfolio of unquoted and quoted shares and securities which will, through a combination of income and yield and capital growth, provide high long-term returns to shareholders.
Marketing of shares to retail investors
We confirm that the shares of Northern 3 VCT are currently ‘excluded securities’ in accordance with guidance issued by the Financial Conduct Authority and can therefore be recommended to retail investors by financial advisers.
|Share price total return over 10 years||186.1|
|Latest NAV per share||109.6p (30 June 2014)|
|NAV total return over 10 years||183.0|
|No of shares in issue||66,575,347|
|Market capitalisation||£63.7 m|
“Share price” is mid-market price as at 20 October 2014. “Dividend yield” is based on dividends paid and proposed in respect of latest full financial year, excluding special dividends, expressed as a percentage of share price. Total return statistics are for periods to 20 October 2014, return shown is on £100 invested, based on mid to mid share price/latest published NAV, assuming net income re-invested (source: Morningstar). In accordance with AIC methodology, figures shown over 5 years are based on NAVs excluding current period revenue; and figures shown for 5 years and under are based on NAVs including current period revenue.
Northern 3 VCT PLC is a Venture Capital Trust established under the legislation introduced in the Finance Act 1995. The fund is a member of the Association of Investment Companies.
The London Stock Exchange code is NTN.L
Bond Dickinson LLP
St Ann’s Wharf
Newcastle upon Tyne
|Registrars||Equiniti Limited (for further information please click here)|
|Stockbroker||Panmure Gordon (UK) Limited|
An investment in a Venture Capital Trust (“VCT”) carries a higher risk than many other forms of investment. In addition, the value of an investment in a VCT may go down as well as up and investors may not get back the full amount invested, even after taking into account the tax reliefs. VCTs usually trade at a discount to their net asset value. It may be difficult to exit VCTs and they should be considered as long-term investments. The past performance of the Company is not a reliable indicator of its future performance.
NVM does not offer investment or tax advice or make recommendations regarding investments and investors will not be treated as clients of NVM.