Announcements

Northern 3 VCT PLC.

30 MARCH 2011

 

NORTHERN 3 VCT PLC

 

LINKED TOP-UP OFFER UPDATE

 

Northern 3 VCT PLC ("Northern 3") announces that the linked top-up offer of new ordinary shares in conjunction with Northern 2 VCT PLC ("Northern 2") to raise up to £3,150,000 in the 2010/11 tax year which was launched on 23 February 2011("the Offer") is now fully subscribed and no further applications will be accepted.

 

As previously announced, 2,234,042 new ordinary shares have been allotted by Northern 3 pursuant to the Offer at a price of 94p per share with total subscription proceeds for Northern 3 of £2,099,999.48 and 1,278,565 new ordinary shares have been allotted by Northern 2 pursuant to the Offer at a price of 82p per share with total subscription proceeds for Northern 2 of £1,048,423.30.

 

Enquiries:

 

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website:  www.nvm.co.uk

 

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.




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Source: Northern 3 VCT PLC via Thomson Reuters ONE

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