Northern 3 VCT (GB:NTN) has released an update.
Northern 3 VCT PLC, alongside its partners Northern Venture Trust PLC and Northern 2 VCT PLC, has announced plans for a joint fundraising effort aimed at generating up to £6 million for the company and a collective £36 million across the Northern VCTs. The fundraising, which is contingent on shareholder and regulatory approvals, will take place through a new ordinary shares offer in the 2024/25 tax year. A detailed prospectus is expected to be released in January 2025.
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