Director/PDMR Shareholding

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

1.	Name of the issuer     NORTHERN 2 VCT PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R ; or (ii) a disclosure made in accordance with section 793 of the Companies Act 2006; or (iii) a disclosure made in accordance with LR9.8.6R (1)   (i) a transaction notified in accordance with DTR 3.1.2 R
3.	Name of person discharging managerial responsibilities/director     CECILIA ANN McANULTY	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person NO
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest3 AS IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares   ORDINARY SHARES OF 5 PENCE
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them   VESTRA NOMINEES LIMITED	8.	State the nature of the transaction       MARKET TRANSACTION
9.	Number of shares, debentures or financial instruments relating to shares acquired   26,000	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.03%
11.	Number of shares, debentures or financial instruments relating to shares disposed   N/A	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A
13.	Price per share or value of transaction   74.50p	14.	Date and place of transaction   18 MAY 2016, LONDON
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)   26,000 (0.03%)	16.	Date issuer informed of transaction       18 MAY 2016

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 any) for grant of the option	20.	Description of shares or debentures involved (class and number)
21.	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise	22.	Total number of shares or debentures over which options held following notification
23.	Any additional information	24.	Name of contact and telephone number for queries   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 19 MAY 2016

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Northern 2 VCT PLC via Globenewswire

HUG#2013901