Northern 2 VCT PLC
Northern 2 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 of quoted and unquoted shares and securities which will, through a combination of income yield and capital growth, provide high long-term returns to shareholders.
Northern 2 VCT was formed in 1999.
The company’s share price is carried daily in the Financial Times (under “Investment Companies - VCTs”), the Daily Telegraph, the Newcastle Journal and the Herald. To obtain an updated share price please click here. Share price information is provided by the London Stock Exchange plc whose terms and conditions you will be required to accept in order to view the information.
The financial calendar for the year ending 31 January 2011 is as follows:
September 2010 Half-yearly financial report for the six months to 31 July 2010 published
December 2010 Interim dividend paid
March 2011 Final dividend and results for the year to 31 January 2011 announced; annual report and financial statements published
May 2011 Annual general meeting
June 2011 Final dividend paid
Northern 2 VCT PLC is a member of the Association of Investment Companies.
If you would like to receive a copy of the latest published Annual report and financial statements or half-yearly financial report, by post, please contact us. If you would like to download reports in PDF format, please click here.
Directors
- David Gravells (Chairman)
- Alastair Conn
- Michael Denny
- Christopher Fletcher
- Professor Sir Frederick Holliday
- Frank Neale
Registrars:
- Equiniti Limited (for further information please click here)
Auditors:
- KPMG Audit Plc
Latest news
NVM invests in
Mantis Deposition
NVM has invested a funding package of £3 million of development capital into Oxfordshire-based Mantis Deposition Limited (Mantis). For further information click here.
NVM announces partial exit from Weldex
NVM has completed a partial exit from its longest-standing investment in Weldex (International) Offshore Limited, the largest crawler crane hire company in the UK. The total income and capital proceeds over the life of the investment represents an internal rate of return (IRR) of 25% per annum.
NVM backs MBO of Kerridge
Commercial Systems (KCS)
NVM has invested £9 million into the management buy-out of Berkshire-based KCS, the leading Enterprise Resource Planning (ERP) software business. For further information click here.