Northern 3 VCT PLC is a Venture Capital Trust established under the legislation introduced in the Finance Act 1995. The company’s principal objectives are to invest in a portfolio consisting mainly of investments in unquoted smaller UK companies which will, through a combination of income yield and capital growth, provide high long-term returns to shareholders.

Share price	78.13p
Latest NAV per share	95.5p (31 December 2011)
Dividend yield	5.8%

"Share price" is the mid-market price as at 16 May 2012. "Dividend yield" is based on dividends paid and proposed in respect of latest full financial year, expressed as a percentage of share price.
(Source: Morningstar)

Northern 3 VCT was formed in 2001 and is a member of the Association of Investment Companies.

If you would like to receive a copy of the latest annual and half-yearly reports, by post, please contact us. If you would like to download reports in PDF format, please click here.

Advisers:

Registrars	Equiniti Limited (for further information please click here)
Stockbroker	Singer Capital Markets
Auditors	KPMG Audit PLC

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.