TIDMNTV

7 DECEMBER 2023

NORTHERN 2 VCT PLC

DIRECTOR/PDMR DEALINGS

Northern 2 VCT PLC ("the Company") has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus dated 18 September 2023, the following PDMR acquired ordinary shares of 5 pence each in the Company.

 
                               No. of shares    Purchase price   Total current 
PDMR          Date acquired       acquired      per share (GBP)   shareholding 
------------  ---------------  --------------  ----------------  ------------- 
Peter Dines   7 December 2023           8,361            0.5980         34,149 
------------  ---------------  --------------  ----------------  -------------

These notifications are made in accordance with the Market Abuse Regulations.

 
1   Details of the person discharging managerial responsibilities 
     / person closely associated 
    ------------------------------------------------------------------------------------------------------------------------ 
a)  Name                                                         Peter Dines 
    -----------------------------------------------------------  ----------------------------------------------------------- 
2   Reason for the notification 
    ------------------------------------------------------------------------------------------------------------------------ 
a)  Position / status                                            PDMR 
    -----------------------------------------------------------  ----------------------------------------------------------- 
b)  Initial notification / amendment                             Initial notification 
    -----------------------------------------------------------  ----------------------------------------------------------- 
3   Details of the issuer, emission allowance market participant, 
     auction platform, auctioneer or auction monitor 
    ------------------------------------------------------------------------------------------------------------------------ 
a)  Name                                                         Northern 2 VCT PLC 
    -----------------------------------------------------------  ----------------------------------------------------------- 
b)  LEI                                                          213800K2EJ4CM6G9K687 
    -----------------------------------------------------------  ----------------------------------------------------------- 
4   Details of the transaction(s): section to be repeated 
     for (i) each type of instrument; (ii) each type of 
     transaction; (iii) each date; and (iv) each place 
     where transactions have been conducted 
    ------------------------------------------------------------------------------------------------------------------------ 
a)  Description of the financial instrument, type of instrument  Ordinary Shares of 5p each 
     Identification code                                          GB0005356430 
    -----------------------------------------------------------  ----------------------------------------------------------- 
b)  Nature of the transaction                                    Allotment of new ordinary shares pursuant to the Prospectus 
                                                                  dated 18 September 2023 
    -----------------------------------------------------------  ----------------------------------------------------------- 
c)  Price(s) and volume(s)                                       Price(s) GBP0.5980 
                                                                  Volume(s) 8,361 
    -----------------------------------------------------------  ----------------------------------------------------------- 
d)  Aggregated information 
     - Aggregated volume                                           N/A - single transaction 
     - Price 
    -----------------------------------------------------------  ----------------------------------------------------------- 
e)  Date of the transaction                                      7 December 2023 
    -----------------------------------------------------------  ----------------------------------------------------------- 
f)  Place of the transaction                                     XLON 
    -----------------------------------------------------------  -----------------------------------------------------------

Enquiries:

James Sly, Mercia Fund Management Limited - 0330 223 1430

Website: https://www.globenewswire.com/Tracker?data=jgqo0-ErXKcd1tGr46p3iGhXtv4eDeAnF1GDw5W6549CR2u2gA-eorr2eNzHBmTM32Bucn6SwB8865j2G1Ceg2g73uSXYLlOLtF7fWxfvMo= www.mercia.co.uk/vcts

The contents of the Mercia Asset Management PLC website and the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website) are not incorporated into, nor form part of, this announcement.

(END) Dow Jones Newswires

December 07, 2023 06:00 ET (11:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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