NTV Northern 2 VCT PLC

Offer Update

Offer Update

12 NOVEMBER 2025

NORTHERN 2 VCT PLC

OFFER FOR SUBSCRIPTION UPDATE

Further to the announcement made by Northern 2 VCT PLC (the "Company”) on 17 September 2025 in conjunction with Northern Venture Trust PLC and Northern 3 VCT PLC, in respect of the offers of new ordinary shares for subscription in the 2025/26 tax year, the Company announces that its offer of new ordinary shares to raise a total of up to £10 million is now fully subscribed and no further applications will be accepted. As the offer is fully subscribed ahead of the first allotment date, all Northern 2 VCT PLC shares from the 2025/26 offer will be allotted on or around 25 November 2025, with no further capacity remaining for the final close in March 2026.

The offers by Northen Venture Trust PLC, to raise up to a total of £20.0 million, and Northern 3 VCT PLC, to raise £14 million with an over-allotment facility of £6 million, in the 2025/26 tax year remain open for subscription and will close when fully subscribed, but in any case, no later than 12 noon on 31 March 2026 and subject to the Directors’ right to close the offer at any time.

Enquiries:

Sarah Williams / James Sly, Mercia Fund Management Limited - 0330 223 1430

Website:

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



EN
12/11/2025

Underlying

NTVNorthern 2 VCT PLC

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Northern 2 VCT PLC

 PRESS RELEASE
Free
NTV Northern 2 VCT ...

Total Voting Rights

Total Voting Rights 31 MARCH 2026 NORTHERN 2 VCT PLC TOTAL VOTING RIGHTS  In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 2 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 31 March 2026 consists of 252,148,197 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in the Company is therefore 252,148,197 (“the Figure”). The Figure may be used by a sharehol...

March 31, 2026 1 EN
 PRESS RELEASE
Free
NTV Northern 2 VCT ...

Transaction in Own Shares

Transaction in Own Shares 27 MARCH 2026 NORTHERN 2 VCT PLC TRANSACTION IN OWN SHARES  Northern 2 VCT PLC (“the Company”) announces that on 26 March 2026 it purchased for cancellation under an existing authority granted by shareholders 2,641,634 ordinary shares of 5p each in the market at a price of 53.2p per share, representing approximately 1.04% of the Company's issued ordinary share capital. There remain 252,148,197 ordinary shares in issue.  In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), the Company notifies the market t...

March 27, 2026 1 EN
 PRESS RELEASE
Free
NTV Northern 2 VCT ...

Offer For Subscription Update

Offer For Subscription Update 9 MARCH 2026 NORTHERN 2 VCT PLC OFFER FOR SUBSCRIPTION UPDATE Further to the announcements made by Northern 2 VCT PLC (“the Company”) on 24 September 2025 and 8 December 2025 in conjunction with Northern Venture Trust PLC and Northern 3 VCT PLC, in respect of the offers of new ordinary shares for subscription in the 2025/26 tax year, the Company announces that its offer of new ordinary shares to raise a total of up to £20 million is now fully subscribed and no further applications will be accepted. The offer by Northern 3 VCT PLC to raise a total of up t...

March 9, 2026 1 EN
 PRESS RELEASE
Free
NTV Northern 2 VCT ...

Total Voting Rights

Total Voting Rights 27 FEBRUARY 2026 NORTHERN 2 VCT PLC TOTAL VOTING RIGHTS  In conformity with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (the “DTRs”), Northern 2 VCT PLC (the “Company”) notifies the market that the capital of the Company as at 27 February 2026 consists of 254,789,831 ordinary shares with a nominal value of 5p each. All the ordinary shares have voting rights. The Company does not hold any ordinary shares in treasury. The total number of voting rights in the Company is therefore 254,789,831 (“the Figure”). The Figure may be used by a sh...

February 27, 2026 1 EN
 PRESS RELEASE
Free
NTV Northern 2 VCT ...

Net Asset Value

Net Asset Value 9 February 2026 NORTHERN 2 VCT PLC UNAUDITED NET ASSET VALUE AS AT 31 DECEMBER 2025 Northern 2 VCT PLC (“the Company”) is a Venture Capital Trust (“VCT”) launched in 1999 and managed by Mercia Fund Management Limited. The Company’s objective is to provide long-term tax-free returns to investors through a combination of dividend yield and capital growth, by investing in a portfolio of investments mainly comprising unquoted venture capital holdings. In order to maintain approval by HM Revenue & Customs as a VCT, the Company is required to comply on a continuing basis with t...

February 9, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch