Northern 3 VCT Raises £17.6m in New Share Issue, Lifts Voting Share Capital to 177.8m
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Northern 3 VCT PLC has raised £17.6 million by issuing 20,180,102 new ordinary shares, increasing its share capital to 177,825,109 shares. The shares, priced between 88.92p and 94.38p, are expected to start trading on the London Stock Exchange around April 7, 2026. This fundraising enhances the company's ability to invest in smaller UK companies, improving its market presence in the venture capital sector. The update also clarifies total voting rights for transparency under FCA rules.
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