Northern 3 VCT PLC launches new share offer

Published 01/14/2025, 03:03 AM

LONDON - Northern 3 VCT PLC has opened its new shares offer for subscription as of today, following an initial announcement on January 9, 2025. This offer, part of the Northern VCTs, which includes Northern Venture Trust PLC and Northern 2 VCT PLC, is for the 2024/25 tax year and will be available on a first-come, first-served basis.

The company has extended a gesture of appreciation towards its existing shareholders and their spouses or civil partners. Those registered with any of the Northern VCTs as of September 20, 2024, and whose applications are accepted, will receive a 0.5% reduction in the offer costs.

This opportunity for investors to subscribe to new ordinary shares will remain open until 12 noon on March 31, 2025. However, the directors reserve the right to close the offers earlier if fully subscribed.

Interested parties can access the investment brochure, which details the key features of the offers, and a downloadable prospectus via the Mercia website. Shareholders have been sent this information in line with their preferred methods of communication. For those who wish to obtain a physical copy, it is available at no cost from the company's registered office in Henley-in-Arden or by contacting Mercia directly.

This offer is part of Northern 3 VCT PLC's ongoing efforts to provide investment opportunities within the VCT sector, under the current tax year's regulations. The information provided here is based on a press release statement from Northern 3 VCT PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.