Northern Venture Trust PLC, along with Northern 2 VCT PLC and Northern 3 VCT PLC, has published an offer document for new ordinary shares aiming to raise a total of £30 million for the 2026/27 tax year.

UK · 2026-09-16

1. Step 1 · The triggerNorthern Venture Trust PLC and its sister VCTs publish a £30m new share offer, increasing investable capital.
2. Step 2 · Knock-onthe VCTs have more funds to deploy into qualifying UK SMEs, expanding the pool of available growth capital.
3. Step 3 · Knock-onexisting VCT shareholders experience NAV dilution unless new investments outperform, while Mercia Fund Management Limited receives promoter fees.
4. Step 4 · Reaches youUK SMEs seeking funding have improved access to VCT investment, potentially accelerating their growth plans.

The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.

Source: FCA NSM (Regulated News)

This is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.