Core Viewpoint - Northern 3 VCT PLC has published a supplementary prospectus to announce an increase in its offer size for new ordinary shares from £20 million to £30 million for the 2025/2026 tax year [2] Group 1: Offer Details - The Company's Offer will be conducted on a "first-come, first-served" basis [3] - Existing shareholders as of 16 June 2025 will receive a 0.5% reduction in offer costs for their subscriptions [3] - The offer will remain open until 12 noon on 31 March 2026, unless fully subscribed earlier [3] Group 2: Regulatory Approval and Availability - The Supplementary Prospectus has been approved by the Financial Conduct Authority [4] - Copies of the Supplementary Prospectus will be available for inspection at the National Storage Mechanism and on the Company's website [4][5]

Group 1 - The Company intends to increase the size of the Offer for subscription from £20 million to £30 million due to strong investor demand [1] - The Offers will remain open until 12 noon on 31 March 2026, unless fully subscribed earlier [2] - Existing shareholders as of 16 June 2025 will receive a 0.5% reduction in offer costs for their subscriptions [2] Group 2 - Applications for new shares will be processed on a "first-come, first-served" basis [2] - A downloadable version of the prospectus is available on the Company's website and can also be obtained from the registered office [3] - Enquiries can be directed to Mercia Fund Management Limited for further information [3]

Group 1 - The Company intends to increase the size of the Offer for subscription from £10 million to £20 million due to strong investor demand [1] - The Offer will be reopened for further applications, with a specific date to be announced [1] - Applications for new shares will be processed on a "first-come, first-served" basis [2] Group 2 - Existing shareholders as of 16 June 2025 will receive a 0.5% reduction in offer costs for their subscriptions [2] - The Offers will remain open until 12 noon on 31 March 2026, unless fully subscribed earlier [2] - The Directors reserve the right to close the Offers at any time [2] Group 3 - A downloadable version of the prospectus is available on the Company's website and can also be obtained free of charge from the registered office [3] - Enquiries can be directed to Mercia Fund Management Limited via the provided contact number [3]

Core Viewpoint - Northern Venture Trust PLC has shown resilience and growth potential despite challenging UK economic conditions, maintaining its long-term strategy of investing in early-stage businesses and supporting existing portfolio companies [4][17]. Financial Highlights - Net assets increased to £131.7 million as of 30 September 2025, up from £119.3 million in the same period last year [2]. - Net asset value per share was 60.7 pence, compared to 59.9 pence a year earlier [2]. - Total return per share before dividends for the six months was 0.8 pence, down from 1.2 pence in the previous year [9][26]. - An interim dividend of 1.6 pence per share was declared for the year ending 31 March 2026 [10][33]. Investment Activity - The company made a new investment of £2.3 million in Thanks Ben and invested £3.1 million in ten existing portfolio companies during the period [6]. - A net increase in the holding value of the unquoted portfolio was reported, driven by strong performances from several portfolio companies [5]. - The company realized £0.9 million from Thanksbox Limited, achieving a £0.5 million uplift on the previous holding value [7]. Portfolio Update - Project Glow successfully completed its IPO on the London Stock Exchange, generating cash proceeds of £2.5 million and delivering a 5.8x return on the original investment cost [8]. - The portfolio remains diversified, with a focus on high-growth businesses positioned to benefit from long-term economic and technological trends [17]. Shareholder Engagement - The company issued 24,216,029 shares for gross proceeds of £15.0 million as part of a fully subscribed public share offer launched in January 2025 [12]. - A dividend investment scheme is in place, allowing shareholders to reinvest dividends in new ordinary shares without dealing costs [11]. Outlook - The company remains confident in the strength and quality of its underlying companies, planning to continue selective investments and support for high-growth businesses [17].

Group 1 - The Company, along with Northern 2 VCT PLC and Northern 3 VCT PLC, has utilized its over-allotment facility to raise an additional £6.0 million due to strong demand for its shares [1] - The Offers for new ordinary shares will remain open until 12 noon on 31 March 2026, unless fully subscribed earlier, with a first allotment scheduled for 25 November 2025 [2] - Existing shareholders as of 16 June 2025 will receive a 0.5% reduction in offer costs for their subscriptions [2] Group 2 - A downloadable version of the Prospectus is available on the Company's website and can also be obtained free of charge from the registered office [3] - Enquiries regarding the Offers can be directed to Mercia Fund Management Limited [3]

Core Viewpoint - Northern 2 VCT PLC has decided to utilize its over-allotment facility to raise an additional £3.0 million due to strong demand for its shares in the ongoing subscription offers [1]. Group 1 - The Company, along with Northern Venture Trust PLC and Northern 3 VCT PLC, published a prospectus on 17 September 2025 for new ordinary shares for the 2025/26 tax year [1]. - The Offers will remain open until 12 noon on 31 March 2026, unless fully subscribed earlier, with the Directors having the right to close the Offers at any time [2]. - Existing shareholders as of 16 June 2025 will receive a 0.5% reduction in offer costs for their subscriptions [2]. Group 2 - The first allotment of shares is scheduled for 25 November 2025, with applications needing to be received by close of business on 19 November 2025 to qualify [2]. - A downloadable version of the Prospectus is available on the Mercia website, and physical copies can be obtained from the Company's registered office or by calling Mercia [3].