Northern Venture Trust PLC.




Northern Venture Trust PLC ("the Company") is pleased to announce that at a board meeting held on 5 November 2014, Mr Richard Green was appointed to the board as a non-executive director with immediate effect.

Mr Green is aged 52 and is an experienced private equity professional with board level leadership experience in both executive and non-executive roles of private companies, partnerships and a quoted investment trust plus extensive experience on industry boards and charities.  He was formerly with Kleinwort Benson Development Capital and was a founder of the spin-out business which became August Equity LLP, where he was managing partner until 2009 and then chairman until his retirement in April 2014.  He has over 20 years' experience as a non-executive director including healthcare, technology, media, engineering and manufacturing companies and is a past chairman of the British Private Equity & Venture Capital Association and a former member of the Council of the Institute of Chartered Accountants in England & Wales.  He is a non executive director of AIM-quoted Qannas Investments Limited, a member of the Advisory Board of Finance For Business North East, a member of the Advisory Committee of the European Investment Bank Growth Finance Initiative and a trustee of Dyslexia Action and the Chartered Accountants Livery Charity.

There are no further disclosures to be made under paragraph 9.6.13(1)-(6) of the Listing Rules in relation to Mr Green's appointment.


Christopher Mellor, Company Secretary - 0191 244 6000

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Source: Northern Venture Trust PLC via Globenewswire