Director/PDMR Shareholding

4 SEPTEMBER 2020

NORTHERN 2 VCT PLC

NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMR”)

Northern 2 VCT PLC (“the Company”) has been notified that in respect of the final dividend for the financial year ended 31 March 2020 paid on 4 September 2020, the following PDMR acquired ordinary shares of 5 pence each in the Company through his participation in the Company's dividend investment scheme.

PDMR	Date acquired	No. of shares acquired	Purchase price per share (£)	Total current shareholding
Alastair Macbeth Conn	4 September 2020	14,786	£0.535	542,142

The Notification of Dealing Form for the above PDMR can be found below.
This notification is made in accordance with the Market Abuse Regulation.

Enquiries:

Simon John/James Bryce, NVM Private Equity LLP - 0191 244 6000
Website:  www.nvm.co.uk

Neither the contents of the NVM Private Equity LLP website nor the contents of any website accessible from hyperlinks on the NVM Private Equity LLP website (or any other website) is incorporated into, or forms part of, this announcement.

NOTIFICATION OF DEALING FORM 

1   Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alastair Macbeth Conn

2   Reason for the notification

a)	Position/status	Director
b)	Initial notification/ Amendment	Initial Notification

3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)	Name	Northern 2 VCT PLC
b)	LEI	213800K2EJ4CM6G9K687

4   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 5p each         GB0005356430
b)	Nature of the transaction	Issue of Ordinary Shares under the Company's dividend investment scheme
c)	Price(s) and volume(s)	Price(s)    £0.535 Volume(s)    14,786
d)	Aggregated information  - Aggregated volume - Price	Aggregate price     £0.535   Aggregate volume    14,786   Aggregate total    £7,910.51
e)	Date of the transaction	4 September 2020
f)	Place of the transaction	XLON