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Pin to quick picksNorthern Venture Trust Regulatory News (NVT)

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Northern Venture Trust is an Investment Trust

To provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth, by investing primarily in unquoted UK manufacturing and service businesses.

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Director/PDMR notification

6 Apr 2020 14:30



Director/PDMR notification

6 APRIL 2020

NORTHERN VENTURE TRUST PLC

NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMR”)

Northern Venture Trust PLC (“the Company”) has been notified that in respect of the allotment of new ordinary shares pursuant to the Offer Document published on 10 January 2020, the following PDMR acquired ordinary shares of 25 pence each in the Company.

PDMRDate acquiredNo. of shares acquiredPurchase price per share (£)Total current shareholding
Richard James Green3 April 202089,743£0.56288,926

The Notification of Dealing Form for the above PDMR can be found below.This notification is made in accordance with the Market Abuse Regulation.

Enquiries:

Simon John/James Bryce, NVM Private Equity LLP - 0191 244 6000Website: www.nvm.co.uk

Martin Glanfield, Chief Financial Officer, Mercia Asset Management PLC – 0330 223 1430Website: www.mercia.co.uk

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

NOTIFICATION OF DEALING FORM 

1 Details of the person discharging managerial responsibilities / person closely associated

a)NameRichard James Green

2 Reason for the notification

a)Position/statusDirector
b)Initial notification/ AmendmentInitial Notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)NameNorthern Venture Trust PLC
b)LEI213800HR3R4WFICYFN46

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 instrumentIdentification codeOrdinary Shares of 25p each GB0006450703
b)Nature of the transactionIssue of Ordinary Shares under the Company's dividend investment scheme
c)Price(s) and volume(s)Price(s) £0.5571Volume(s) 89,743
d)Aggregated information - Aggregated volume- PriceAggregate price £0.5571 Aggregate volume 89,743 Aggregate total £50,000
e)Date of the transaction 3 April 2020
f)Place of the transactionXLON


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19th Dec 201911:00 amGNWResult of AGM
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18th Nov 20193:00 pmGNWAnnual Financial Report
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10th Oct 20191:00 pmGNWStatement re Intention to Fund Raise
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17th May 20198:30 amGNWHalf-year report
2nd Apr 20195:00 pmGNWNotification of Transaction by Person Discharging Managerial Responsibilities (“PDMR”)
2nd Apr 20195:00 pmGNWNotification of Transaction by Person Discharging Managerial Responsibilities (“PDMR”)
2nd Apr 20195:00 pmGNWNotification of Transaction by Person Discharging Managerial Responsibilities (“PDMR”)
2nd Apr 20195:00 pmGNWNotification of Transaction by Person Discharging Managerial Responsibilities (“PDMR”)
2nd Apr 201912:15 pmGNWIssue of Equity
1st Apr 20195:30 pmGNWTotal voting rights
27th Mar 201911:00 amGNWTransaction in Own Shares
28th Feb 20193:00 pmGNWTotal voting rights
18th Feb 20193:45 pmGNWNet Asset Value
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1st Feb 20198:00 amGNWTotal voting rights
14th Jan 20196:00 pmGNWUpdate re Offer for subscription
4th Jan 201911:30 amGNWStatement re Offer for subscription
31st Dec 20183:00 pmGNWTotal voting rights
21st Dec 20185:45 pmGNWTransaction in Own Shares
21st Dec 20181:00 pmGNWDirector/PDMR Shareholding
21st Dec 20181:00 pmGNWDirector/PDMR Shareholding
21st Dec 20181:00 pmGNWDirector/PDMR Shareholding
21st Dec 20181:00 pmGNWDirector/PDMR Shareholding

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