Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Friday, 22 December 2017

Northern Venture Trust PLC (UK) - Issue of Equity

     

Published: 10:30 CET 22-12-2017 /GlobeNewswire /Source: Northern Venture Trust PLC / : NVT /ISIN: GB0006450703

Issue of Equity

22 DECEMBER 2017

 

NORTHERN VENTURE TRUST PLC

 

ISSUE OF EQUITY AND TOTAL VOTING RIGHTS

 

Northern Venture Trust PLC ("the Company") announces that on 22 December 2017 it allotted 1,117,116 ordinary shares of 25p each ordinary shares of 25p each to shareholders who agreed to subscribe for shares under the terms of the Company's Dividend Investment Scheme.  The subscription price was 69.60p per share.  Following the above allotment, there are 132,935,462 ordinary shares in issue.

 

Application will be made at the earliest practicable opportunity for the new ordinary shares, which will rank pari passu with the existing ordinary shares, to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities, and dealings are expected to commence by 3 January 2018.

 

In conformity with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules (the "DTRs"), the Company notifies the market that the capital of the Company consists of 132,935,462 ordinary shares with a nominal value of 25p each.  All the ordinary shares have voting rights.  The Company does not hold any ordinary shares in treasury.  The total number of voting rights in the Company is therefore 132,935,462 ("the Figure").  The Figure may be used by a shareholder or other person as the denominator for the calculations by which he will determine if he is required to notify the voting rights he holds in relation to the Company, or a change to those voting rights, under the DTRs.

 

Enquiries:

 

Alastair Conn/Christopher Mellor, NVM Private Equity LLP - 0191 244 6000

Website:  www.nvm.co.uk

 

Neither the contents of the NVM Private Equity LLP website nor the contents of any website accessible from hyperlinks on the NVM Private Equity LLP website (or any other website) is incorporated into, or forms part of, this announcement.





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Northern Venture Trust PLC, Northumberland House, Princess Square, , Newcastle Upon Tyne, NE1 8ER, , United Kingdom
If you would like to unsubscribe and stop receiving these e-mails click here.