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An update from Northern 2 VCT ( (GB:NTV) ) is now available.
Northern 2 VCT plc has completed an equity raise for the 2025/26 tax year, issuing 17,238,349 new ordinary shares at prices between 57.01p and 60.43p per share, depending on associated fees and adviser charges. The fully subscribed offer generated net proceeds of approximately £9.65 million, strengthening the trust’s capital base for future investments in smaller UK businesses.
Following the share allotment, the company’s total shares in issue have increased to 269,386,546 ordinary shares, all carrying voting rights and with none held in treasury. The new shares will rank pari passu with existing stock and are expected to be admitted to the FCA’s Official List and to trading on the London Stock Exchange around 7 April 2026, updating the free float and voting rights profile for current and prospective investors.
More about Northern 2 VCT
Northern 2 VCT plc is a UK-listed venture capital trust that provides equity finance to smaller growing businesses, giving investors exposure to a diversified portfolio of unquoted and AIM-quoted companies. The trust targets tax-efficient investment for UK shareholders by raising capital through annual share offers focused on the VCT market segment.
Average Trading Volume: 55,881
Technical Sentiment Signal: Strong Buy
Learn more about NTV stock on TipRanks’ Stock Analysis page.