Announcements

Northern Venture Trust PLC.




TIDMNVT

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

+---+-----------------------------------+---+----------------------------------+
|1. |Name of the issuer |2. |State whether the notification |
| | | |relates to (i) a transaction |
| | | |notified in accordance with DTR |
| |NORTHERN VENTURE TRUST PLC | |3.1.2 R |
| | | | |
| | | |; or |
| | | | |
| | | |(ii) a disclosure made in |
| | | |accordance with section 793 of the|
| | | |Companies Act 2006; |
| | | | |
| | | |(i) |
+---+-----------------------------------+---+----------------------------------+
|3. |Name of person discharging |4. |State whether notification relates|
| |managerial | |to a person connected with a |
| |responsibilities/director | |person discharging |
| | | |managerial |
| |Nigel Jonathan Beer | |responsibilities/director named in|
| | | |3 |
| | | |and identify the connected person |
| | | |No |
+---+-----------------------------------+---+----------------------------------+
|5. |Indicate whether the notification |6. |Description of shares (including |
| |is in respect | |class), debentures or derivatives |
| |of a holding of the person referred| |or financial |
| |to in 3 or 4 above or in respect of| |instruments relating to shares |
| |a non-beneficial interest | | |
| |AS IN 3 ABOVE | |ORDINARY SHARES OF 25 PENCE |
| | | | |
+---+-----------------------------------+---+----------------------------------+
|7. |Name of registered shareholders(s) |8. |State the nature of the |
| |and, if | |transaction |
| |more than one, the number of shares| | |
| |held by | | |
| |each of them | |ALLOTMENT OF SHARES |
| |L R Nominees Limited - nil shares | | |
| |Nigel Jonathan Beer - 24,425 shares| | |
+---+-----------------------------------+---+----------------------------------+
|9. |Number of shares, debentures or |10.|Percentage of issued class |
| |financial instruments relating to | |acquired (treasury shares of that |
| |shares acquired | |class should not be taken into |
| | | |account when calculating |
| |24,425 | |percentage) |
| | | |0.04% |
+---+-----------------------------------+---+----------------------------------+
| |Number of shares, debentures or |12.|Percentage of issued class |
|11.|financial | |disposed (treasury |
| |instruments relating to shares | |shares of that class should not be|
| |disposed | |taken into |
| | | |account when calculating |
| |N/A | |percentage) |
| | | |N/A |
+---+-----------------------------------+---+----------------------------------+
|13.|Price per share or value of |14.|Date and place of transaction |
| |transaction | |4 FEBRUARY 2011, NEWCASTLE UPON |
| |87 PENCE | |TYNE |
+---+-----------------------------------+---+----------------------------------+
|15.|Total holding following |16.|Date issuer informed of |
| |notification and total | |transaction |
| |percentage holding following | | |
| |notification (any treasury shares | |4 FEBRUARY 2011 |
| |should not be taken into account | | |
| |when calculating percentage) | | |
| | | | |
| |L R NOMINEES LIMITED 3,694 | | |
| |SHARES, | | |
| |NIGEL JONATHAN BEER 73,843 SHARES- | | |
| |TOTAL HOLDING 77,537 SHARES - | | |
| |0.11%. | | |
+---+-----------------------------------+---+----------------------------------+


If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes

+---+---------------------+---+------------------------------------------------+
|17.|Date of grant |18.|Period during which or date on which it can be |
| | | |exercised |
| | | | |
+---+---------------------+---+------------------------------------------------+
|19.|Total amount paid (if|20.|Description of shares or debentures involved |
| |any) for grant of the| |(class and number) |
| |option | | |
| | | | |
+---+---------------------+---+------------------------------------------------+
|21.|Exercise price (if |22.|Total number of shares or debentures over which |
| |fixed at time of | |options held following notification |
| |grant) or indication | | |
| |that price is to be | | |
| |fixed at the time of | | |
| |exercise | | |
| | | | |
+---+---------------------+---+------------------------------------------------+
|23.|Any additional |24.|Name of contact and telephone number for queries|
| |information | | |
| | | |C D MELLOR 0191 244 6012 |
| | | | |
+---+---------------------+---+------------------------------------------------+
| |
| |
|Name and signature of duly authorised officer of issuer responsible for making|
|notification |
|CHRISTOPHER DAVID MELLOR |
|COMPANY SECRETARY |
| |
|__________________________________________________________ |
| |
|Date of notification 4 FEBRUARY 2011 |
+------------------------------------------------------------------------------+







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Source: Northern Venture Trust PLC via Thomson Reuters ONE

[HUG#1485504]


(END) Dow Jones Newswires



February 04, 2011 04:27 ET (09:27 GMT)