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Northern 2 VCT ( (GB:NTV) ) just unveiled an update.
Northern 2 VCT PLC reported that director and person discharging managerial responsibilities Thomas Chambers has acquired 78,850 new ordinary shares of 5 pence each at £0.5707 per share. The shares were allotted on 2 April 2026 under the company’s ongoing share offer pursuant to its 2025 prospectus and supplemental prospectus, increasing Chambers’ total holding to 175,045 shares.
The transaction, conducted on the London Stock Exchange, reflects continued director participation in the VCT’s capital raising programme and aligns management interests more closely with those of shareholders. The company noted that the disclosure is made in accordance with Market Abuse Regulations, underscoring its adherence to regulatory transparency requirements around PDMR dealings.
More about Northern 2 VCT
Northern 2 VCT PLC is a UK-listed venture capital trust that invests in a portfolio of smaller, growth-oriented companies, providing investors with exposure to early-stage and developing businesses. The company operates under the UK VCT regime, offering tax-efficient access to venture capital investments through its ordinary share capital.
Average Trading Volume: 55,881
Technical Sentiment Signal: Strong Buy
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