November 26, 2014 5:43 AM ET

Capital Markets

Company Overview of Northern 2 VCT PLC

Company Overview

Northern 2 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. Within direct, the fund seeks to invest in middle market, later stage, mature, and buyouts. Within fund of funds, it makes private equity fund investments. The fund prefers to invest in United Kingdom. It invests in all sectors. The fund typically invests between £2 million ($3.1 million) and £10 million ($15.57 million) in companies with enterprise values between £10 million ($15.57 million) and £30 million ($46.77 million). It makes investments in quoted and unquoted shares and securities of companies.

Rotterdam House

116 Quayside

Newcastle-Upon-Tyne,  NE1 3DY

United Kingdom

Founded in 1999

Phone:

44 1912 446 000

Fax:

44 1912 446 001

Key Executives for Northern 2 VCT PLC

Compensation as of Fiscal Year 2014.

Northern 2 VCT PLC Key Developments

Northern 2 VCT PLC Announces Change of Registered Office

Northern 2 VCT PLC announced with effect from 11 November 2014 the registered office of the company has changed to Time Central, 32 Gallowgate, Newcastle upon Tyne and NE1 4SN.

Northern 2 VCT PLC Announces Unaudited Earnings Results for the Six Months Ended September 30, 2013

Northern 2 VCT PLC announced unaudited earnings results for the six months ended September 30, 2013. For the period, the company reported gain on disposal of investments of £416,000 compared to £551,000 a year ago. Return on ordinary activities before tax was £2,730,000 compared to £2,282,000 a year ago. Return on ordinary activities after tax was £2,730,000 compared to £2,282,000 a year ago. Return per share was 3.7 pence compared to 3.3 pence a year ago. Net cash outflow from operating activities was £491,000 compared to £925,000 a year ago. Purchase of investments was £5,106,000 compared to £6,031,000 a year ago.

Northern 2 VCT PLC Announces Unaudited Earnings Results for the Six Months Ended September 30, 2012; Declares Interim Dividend Payable on January 11, 2013

Northern 2 VCT PLC announced unaudited earnings results for the six months ended September 30, 2012. For the period, the company reported gain on disposal of investments of £551,000 compared to £766,000 a year ago. Return on ordinary activities before tax was £2,282,000 compared to £2,071,000 a year ago. Return on ordinary activities after tax was £2,282,000 compared to £1,938,000 a year ago. Return per share was 3.3 pence compared to 3.4 pence a year ago. Net asset value per share was 80.1 pence compared to 78.5 pence a year ago. Net cash outflow from operating activities was £925,000 compared to net cash inflow from operating activities of £684,000 a year ago. The board has declared an unchanged interim dividend of 2.0 pence per share, which will be paid on January 11, 2013 to shareholders on the register on December 14, 2012.

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