NORTHERN 3 VCT LS-,05

Northern 3 VCT has issued 521,852 new ordinary shares at 86.0 pence each to shareholders who participated in the dividend reinvestment programme. After the allotment the total number of issued ordinary shares increases to 177,001,582; the new shares rank pari passu and the company holds no shares in treasury. Admission of the new shares to trading on the London Stock Exchange has been applied for, with trading expected to commence on or around 11 September 2026; the total number of voting rights is 177,001,582. » Más en de.investing.com

Northern 3 VCT has amended its investment management agreement with Mercia Fund Management; the changes take effect on 1 October 2026. The annual management fee falls from 2.06% to 2.00% of net asset value, the cash threshold for this fee rises from £20m to £30m, and for assets above £30m the fee increases from 1.00% to 1.75%. Management fees will be calculated quarterly going forward, Mercia will no longer charge initial management fees for new portfolio companies and may charge follow-on fees for existing investments until 1 October 2029; ongoing investments will be completed on the previous terms. The board describes the change as a related-party transaction, and the sponsor considers it fair and reasonable for shareholders. » Más en de.investing.com

Northern 3 VCT has admitted 20,180,102 ordinary shares of 5 pence (ISIN GB0031152027) to trading on the Main Market of the London Stock Exchange. The admission follows an allotment from the subscription offer dated 2 April 2026; the new shares are fully fungible with the existing ordinary shares. After admission the total number of issued ordinary shares is 177,825,109. The admission was made on the basis of the prospectus dated 17 September 2025 and the supplemental prospectuses dated 18 December 2025; the fund manager is Mercia Fund Management Limited. » Más en de.investing.com