Director/PDMR Shareholding

1 APRIL 202 2

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 allotment of new ordinary shares pursuant to the Offer Document published on 10 January 2022, the following PDMR acquired ordinary shares of 25 pence each in the Company.

PDMR	Date a cquired	No. of s hares a cquired	Purchase price per s hare ( £ )	Total c urrent s hareholding
Timothy Roland Levett	1 April 2022	19,778	£1.0112	361,695

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:

Graham Venables/James Sly, Mercia Fund Management Limited – 0330 223 1430
Website: www.mercia.co.uk

The contents of the Mercia Asset Management PLC website, nor the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website), are not incorporated into, or form part of, this announcement.

NOTIFICATION OF DEALING FORM 

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

a)

Name

Timothy Roland Levett

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	213800MWOA6W221PI432

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	Allotment of new ordinary shares pursuant to the Prospectus published on 10 January 2022
c)	Price(s) and volume(s)	Price(s)          £1.0112 Volume(s)       19,778
d)	Aggregated information  - Aggregated volume - Price	Aggregate price £1.0112 Aggregate volume 19,778 Aggregate total £20,000
e)	Date of the transaction	1 April 2022
f)	Place of the transaction	XLON