State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R ; or
(ii) a disclosure made in accordance with section 793 of the Companies Act 2006; or
(iii) a disclosure made in accordance with LR9.8.6R (1)
(i)
3.
Name of person discharging managerial
responsibilities/director
ALASTAIR MACBETH CONN
4.
State whether notification relates to a person connected with a person discharging
managerial responsibilities/director named in 3
and identify the connected person
NO
5.
Indicate whether the notification is in respect
of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest3
AS IN 3 ABOVE
6.
Description of shares (including class), debentures or derivatives or financial
instruments relating to shares
ORDINARY SHARES OF 5 PENCE
7.
Name of registered shareholders(s) and, if
more than one, the number of shares held by
each of them
ALASTAIR MACBETH CONN
8.
State the nature of the transaction
ALLOTMENT OF SHARES IN RESPECT OF DIVIDEND INVESTMENT SCHEME
9.
Number of shares, debentures or financial instruments relating to shares acquired
8,971
10.
Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.01%
11.
Number of shares, debentures or financial
instruments relating to shares disposed
N/A
12.
Percentage of issued class disposed (treasury
shares of that class should not be taken into
account when calculating percentage)
N/A
13.
Price per share or value of transaction
83.1 PENCE
14.
Date and place of transaction
10 JANUARY 2014, NEWCASTLE UPON TYNE
15.
Total holding following notification and total
percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
381,709 ORDINARY SHARES OF 5 PENCE, 0.42%.
16.
Date issuer informed of transaction
10 JANUARY 2014
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17.
Date of grant
18.
Period during which or date on which it can be exercised
19.
Total amount paid (if any) for grant of the option
20.
Description of shares or debentures involved (class and number)
21.
Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
22.
Total number of shares or debentures over which options held following notification
23.
Any additional information
24.
Name of contact and telephone number for queries
C D MELLOR 0191 206 4544
Name and signature of duly authorised officer of issuer responsible for making notification
CHRISTOPHER DAVID MELLOR
COMPANY SECRETARY
Northern 2 VCT PLC is a United Kingdom-based venture capital trust (VCT). The Companyâs objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth, by investing primarily in unquoted United Kingdom manufacturing, service and technology businesses which meet the managerâs key criteria of good growth potential, strong management and ability to generate cash in the medium to long term. It also invests its remaining assets in a portfolio of equity investments, quoted investment funds and bank deposits. Its investment policy has been designed to enable the Company to achieve its objective whilst complying with the qualifying conditions set out in the VCT rules, as amended by Her Majesty's (HM) Government from time to time. It invests across various sectors, including software/electronics, consumer, industrial/manufacturing, services, and healthcare/biotechnology. Its investment manager is Mercia Fund Management Limited.