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)
3.	Name of person discharging managerial responsibilities/director Alastair Macbeth Conn	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 Alastair Macbeth Conn	8.	State the nature of the transaction ALLOTMENT OF SHARES IN RESPECT OF DIVIDEND INVESTMENT SCHEME
9.	Number of shares, debentures or financial instruments relating to shares acquired 14,873	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.01%
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 81.4 PENCE	14.	Date and place of transaction 26 JULY 2013, NEWCASTLE UPON TYNE
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 360,770 ORDINARY SHARES OF 5 PENCE, 0.48%.	16.	Date issuer informed of transaction 26 JULY 2013

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 26 JULY 2013

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Source: Northern 2 VCT PLC via Thomson Reuters ONE

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