Northern VCTs open 2026/27 share subscription offer

  • Northern Venture Trust, Northern 2 VCT and Northern 3 VCT open their joint offer of new ordinary shares.
  • Eligible existing Northern VCT shareholders and their spouse or civil partner receive a 0.5% reduction in applicable offer costs.
  • The offer closes at 12 noon on 31 March 2027 unless fully subscribed or closed earlier, with the first allotment planned for late November 2026.

Northern Venture Trust PLC, Northern 2 VCT PLC and Northern 3 VCT PLC have opened their joint offer of new ordinary shares for subscription during the 2026/27 tax year. Applications will be handled on a first-come, first-served basis. Existing shareholders of any Northern VCT who were on the register of members on 10 June 2026, together with their spouse or civil partner, will receive a 0.5% reduction in applicable offer costs if their applications for shares in any Northern VCT are accepted. The offer is scheduled to close at 12 noon on 31 March 2027 unless fully subscribed sooner, although the Directors may close it at any time. The first allotment is planned for the end of November 2026, and funded valid applications must be received by 5.00pm on 23 November 2026 to qualify.

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