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Northern 3 VCT PLC Reports Portfolio Growth and Strategic Investments

Story Highlights
  • Northern 3 VCT PLC focuses on unquoted venture capital investments for tax-free returns.
  • The company reported portfolio growth and declared an interim dividend amid strategic investments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Northern 3 VCT PLC Reports Portfolio Growth and Strategic Investments

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The latest update is out from Northern 3 VCT ( (GB:NTN) ).

Northern 3 VCT PLC reported an increase in the holding value of its unquoted portfolio, with strong performances from several portfolio companies. The company made new investments and partial realisations, including a significant IPO of Project Glow on the London Stock Exchange. The unaudited net asset value per share slightly decreased to 89.2 pence, and an interim dividend of 2.0 pence per share was declared. The company continues to focus on supporting high-growth businesses and maintaining a diversified portfolio to create shareholder value.

More about Northern 3 VCT

Northern 3 VCT PLC is a Venture Capital Trust managed by Mercia Fund Management Limited, focusing on investments in unquoted venture capital holdings. The company aims to provide long-term tax-free returns to shareholders through dividend yield and capital growth.

Average Trading Volume: 48,678

Technical Sentiment Signal: Buy

Find detailed analytics on NTN stock on TipRanks’ Stock Analysis page.

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