Announcements

Northern Venture Trust PLC.




TIDMNVT

21 DECEMBER 2010

NORTHERN VENTURE TRUST PLC ("the Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS

In accordance with the FSA's Disclosure Rules and Transparency Rules, the
Company announces the following changes to the beneficial interests of the
Directors in the Company's ordinary shares of 25p each following the result of
the Tender Offer which was announced on 20 December 2010. The Company was
informed of the changes on 20 December 2010 and the transactions took place in
London on 20 December 2010.


Director Registered shareholders Holding before Sold in Current % of share
Tender Tender holding capital
Offer Offer currently
at 78.3p held
per share



N J Beer L R Nominees Limited 14,722 (11,028) 3,694 0.01%

E M P Denny E M P Denny 123,983 (92,881) 31,102 0.06%

J R Hustler J R Hustler, E M 112,924 (58,793) 54,131 0.10%
Hustler, Smith &
Williamson Nominees
Limited

R S Peters Pershing Nominees 130,000 (14,442) 115,558 0.22%
Limited

H P Younger Murray Asset Nominees 18,000 (13,484) 4,516 0.01%
Limited


As set out in the Prospectus dated 16 November 2010, each of the Directors has
committed to re-invest the proceeds which he receives from the Tender Offer in
accordance with the terms of the Prospectus. It is expected that new ordinary
shares will be allotted accordingly to the Directors on 23 December 2010 in
respect of the 2010/11 tax year.

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.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(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 Venture Trust PLC via Thomson Reuters ONE

[HUG#1474646]


(END) Dow Jones Newswires



December 21, 2010 07:04 ET (12:04 GMT)