Miscellaneous - Offer for subscription

21 NOVEMBER 2012

NORTHERN VENTURE TRUST PLC

LAUNCH OF LINKED TOP-UP OFFER

Northern Venture Trust PLC ("NVT") announces that it intends, in conjunction with Northern 2 VCT PLC ("Northern 2"), to launch a linked top-up offer of new ordinary shares for subscription for the 2012/13 tax year ("the Offer").  It is envisaged that the Offer will seek to raise a total of up to approximately £4 million in NVT and £4 million in N2VCT.  Investors will have the option to invest in both or either fund.

It is expected that the Offer will open on or around 7 January 2013 and will close at 5.00pm on 5 April 2013, or earlier if fully-subscribed.  Full details of the offer will be contained in the offer document.

 

 

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website:  www.nvm.co.uk

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

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Northern Venture Trust PLC via Thomson Reuters ONE

HUG#1659592