Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Northern 2 VCT ( (GB:NTV) ) has shared an update.
Northern 2 VCT PLC, along with Northern Venture Trust PLC and Northern 3 VCT PLC, has released a prospectus for new ordinary shares to raise £36 million in the 2024/25 tax year. These offers will open on January 14, 2025, and are managed by Mercia Fund Management Limited, which will receive a percentage-based fee on the gross proceeds. Existing shareholders will receive a discount on offer costs, and Mercia will cover upfront costs and commissions. This initiative is expected to enhance the investment appeal of Northern 2 VCT PLC and strengthen its market position.
More about Northern 2 VCT
Northern 2 VCT PLC operates in the venture capital trust industry, focusing on providing investment opportunities through the issuance of new ordinary shares. It collaborates with Northern Venture Trust PLC and Northern 3 VCT PLC to offer these investment opportunities, primarily targeting investors looking for tax-efficient investment options in the UK.
YTD Price Performance: -0.94%
Average Trading Volume: 55,959
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of NTV stock, go to TipRanks’ Stock Analysis page.
