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Update on Offer for Subscription
Globenewswire· 2025-12-10 18:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA. 10 Dece ...
Offer Update - utilisation of over-allotment facility
Globenewswire· 2025-11-05 07:00
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]
Offer Update - Utilisation of over-allotment facility
Globenewswire· 2025-10-15 06:00
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].