Director/PDMR Shareholding

18 JULY 2016

NORTHERN 3 VCT PLC

NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR")

Northern 3 VCT PLC ("the Company") has been notified that in respect of the second interim dividend and the final dividend for the financial year ended 31 March 2016 paid on 15 July 2016, 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
John Waddell	15 July 2016	660	0.937	7,943

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:

Alastair Conn/Christopher Mellor, 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

John McLaren Ogilvie Waddell

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 3 VCT PLC
b)	LEI	N/A

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         GB0031152027
b)	Nature of the transaction	Issue of Ordinary Shares under the Company's dividend investment scheme
c)	Price(s) and volume(s)	Price(s)  £0.937 Volume(s)  660
d)	Aggregated information  - Aggregated volume - Price	Aggregate price  £0.937     Aggregate volume  660   Aggregate total  £618.42
e)	Date of the transaction	15 July 2016
f)	Place of the transaction	XLON

---

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 3 VCT PLC via Globenewswire

HUG#2029109