30 APRIL 2024 NORTHERN 3 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 3 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 30 April 2024 consists of 148,866,667 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in the...
4 APRIL 2024 NORTHERN 3 VCT PLC ISSUE OF EQUITY AND TOTAL VOTING RIGHTS Northern 3 VCT PLC (“the Company”) announces that on 4 April 2024 it allotted 11,702,332 ordinary shares of 5p each in respect of the offer of new ordinary shares for subscription in the 2023/24 tax year, pursuant to the prospectus published on 18 September 2023 (the “Prospectus”). In accordance with the Pricing Formula set out in the Prospectus, the new ordinary shares were issued at prices between 91.53 pence per...
28 MARCH 2024 NORTHERN 3 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 3 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 28 March 2024 consists of 137,164,335 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in the...
21 MARCH 2024 NORTHERN 3 VCT PLC TRANSACTION IN OWN SHARES Northern 3 VCT PLC (“the Company”) announces that on 21 March 2024 it purchased for cancellation under an existing authority granted by shareholders 186,949 ordinary shares of 5p each in the market at a price of 85.22p per share, representing approximately 0.14% of the Company's issued ordinary share capital. There remain 137,164,335 ordinary shares in issue. In conformity with the Financial Conduct Authority’s Disclosure Guidance...
12 MARCH 2023 NORTHERN 3 VCT PLC OFFER FOR SUBSCRIPTION UPDATE Further to the announcement made by Northern 3 VCT PLC (“the Company”) on 18 September 2023 in conjunction with Northern Venture Trust PLC and Northern 2 VCT PLC in respect of the offers of new ordinary shares for subscription in the 2023/24 tax year, the Company announces that its offer of new ordinary shares to raise a total of up to £20.0 million is now fully subscribed and no further applications will be accepted. The offers...
6 MARCH 2024 NORTHERN 3 VCT PLC TRANSACTION IN OWN SHARES Northern 3 VCT PLC (“the Company”) announces that on 6 March 2024 it purchased for cancellation under an existing authority granted by shareholders 733,693 ordinary shares of 5p each in the market at a price of 85.22p per share, representing approximately 0.53% of the Company's issued ordinary share capital. There remain 137,351,284 ordinary shares in issue. In conformity with the Financial Conduct Authority’s Disclosure Guidance...
29 FEBRUARY 2024 NORTHERN 3 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 3 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 29 February 2024 consists of 138,084,977 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in...
9 FEBRUARY 2024 NORTHERN 3 VCT PLC UNAUDITED NET ASSET VALUE AS AT 31 DECEMBER 2023 Northern 3 VCT PLC (“the Company”) is a Venture Capital Trust (“VCT”) launched in 2001 and managed by Mercia Fund Management Limited. The Company’s objective is to provide long-term tax-free returns to investors through a combination of dividend yield and capital growth, by investing in a portfolio of investments mainly comprising unquoted venture capital holdings. In order to maintain approval by HM...
31 JANUARY 2024 NORTHERN 3 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 3 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 31 January 2024 consists of 138,084,977 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in the...
17 JANUARY 2024 NORTHERN 3 VCT PLC ISSUE OF EQUITY AND TOTAL VOTING RIGHTS Northern 3 VCT PLC (“the Company”) announces that on 17 January 2024 it allotted 359,571 ordinary shares of 5p each to shareholders who agreed to subscribe for shares under the terms of the Company’s Dividend Investment Scheme. The subscription price was 88.0p per share. Following the above allotment there are 138,084,977 ordinary shares in issue. An application will be made at the earliest practicable opportunity...
4 JANUARY 2024 NORTHERN 3 VCT PLC OFFER UPDATE – UTILISATION OF OVER-ALLOTMENT FACILITY Northern 3 VCT PLC (“the Company”) in conjunction with Northern Venture Trust PLC and Northern 2 VCT PLC (together with the Company known as “the Northern VCTs”), published a prospectus (“the Prospectus”) on 18 September 2023 in relation to offers of new ordinary shares for subscription in the 2023/24 tax year (“the Offers”). Following strong demand in the Company’s shares under its offer,...
29 DECEMBER 2023 NORTHERN 3 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 3 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 29 December 2023 consists of 137,725,406 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in...
7 DECEMBER 2023 NORTHERN 3 VCT PLC DIRECTOR/PDMR DEALINGS Northern 3 VCT PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus dated 18 September 2023, the following PDMR acquired ordinary shares of 5 pence each in the Company. PDMR Date acquired No. of shares acquired Purchase price per share (£) Total current shareholding Anna Brown 7 December 2023 8,711 0.9184 23,944 These notifications are made in accordance with the...
7 DECEMBER 2023 NORTHERN 3 VCT PLC DIRECTOR/PDMR DEALINGS Northern 3 VCT PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus dated 18 September 2023, the following PDMR acquired ordinary shares of 5 pence each in the Company. PDMR Date acquired No. of shares acquired Purchase price per share (£) Total current shareholding Peter Dines 7 December 2023 5,444 0.9184 22,137 These notifications are made in accordance with the...
7 DECEMBER 2023 NORTHERN 3 VCT PLC DIRECTOR/PDMR DEALINGS Northern 3 VCT PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus dated 18 September 2023, the following PDMR acquired ordinary shares of 5 pence each in the Company. PDMR Date acquired No. of shares acquired Purchase price per share (£) Total current shareholding Christopher Fleetwood 7 December 2023 10,888 0.9184 113,451 These notifications are made in accordance...
7 DECEMBER 2023 NORTHERN 3 VCT PLC ISSUE OF EQUITY AND TOTAL VOTING RIGHTS Northern 3 VCT PLC (“the Company”) announces that on 7 December 2023 it allotted 9,681,062 ordinary shares of 5p each in respect of the offer of new ordinary shares for subscription in the 2023/24 tax year, pursuant to the prospectus published on 18 September 2023 (the “Prospectus”). In accordance with the Pricing Formula set out in the Prospectus, the new ordinary shares were issued at prices between 91.84 pence...
5 DECEMBER 2023 NORTHERN 3 VCT PLC TRANSACTION IN OWN SHARES Northern 3 VCT PLC (“the Company”) announces that on 5 December 2023 it purchased for cancellation under an existing authority granted by shareholders 902,693 ordinary shares of 5p each in the market at a price of 85.5p per share, representing approximately 0.70% of the Company's issued ordinary share capital. There remain 128,044,344 ordinary shares in issue. In conformity with the Financial Conduct Authority’s Disclosure...
30 NOVEMBER 2023 NORTHERN 3 VCT PLC TOTAL VOTING RIGHTS In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 3 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 30 November 2023 consists of 128,947,037 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in...
23 NOVEMBER 2023 NORTHERN 3 VCT PLC DIVIDEND DECLARATION Northern 3 VCT PLC (“the Company”) is pleased to declare an interim dividend of 2.0 pence per ordinary share in respect of the year ending 31 March 2024. The interim dividend will be paid on 17 January 2024 to shareholders on the register on 15 December 2023. The ex-dividend date is 14 December 2023. The Company’s dividend investment scheme, which enables shareholders to invest their dividends in new ordinary shares free of dealing...
23 NOVEMBER 2023 NORTHERN 3 VCT PLC HALF-YEARLY REPORT A copy of Northern 3 VCT PLC’s unaudited half-yearly report for the six months ended 30 September 2023 has been submitted to the National Storage Mechanism. A copy of the report is also available on the Mercia website at www.mercia.co.uk/vcts/n3vct/ Enquiries: James Sly, Mercia Fund Management Limited - 0330 223 1430 Website: www.mercia.co.uk/vcts Neither the contents of the Mercia Asset Management PLC website, nor the contents of any...