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The latest announcement is out from Northern 3 VCT ( (GB:NTN) ).
Northern 3 VCT PLC, along with Northern Venture Trust PLC and Northern 2 VCT PLC, has published a prospectus to raise funds through new ordinary share offers for the 2025/26 tax year. The combined target is £35 million, with additional over-allotment facilities. The offers open on 24 September 2025 and prioritize existing shareholders with reduced offer costs. Mercia Fund Management Limited, the investment manager, will handle the associated fees, ensuring no additional costs for the Northern VCTs. This initiative aims to strengthen the companies’ capital base and enhance their investment capabilities.
More about Northern 3 VCT
Northern 3 VCT PLC is part of the Northern VCTs, which includes Northern Venture Trust PLC and Northern 2 VCT PLC. These companies operate in the venture capital trust industry, focusing on raising funds through offers of new ordinary shares for subscription. The primary market focus is on providing investment opportunities for shareholders and raising capital for further investments.
Average Trading Volume: 60,081
Technical Sentiment Signal: Buy
For detailed information about NTN stock, go to TipRanks’ Stock Analysis page.