Northern Venture Trust Allots Shares for Dividend Investment Scheme
News provided byNorthern Venture Trust PLC · 1 min read
Northern Venture Trust PLC has announced the allotment of 890,347 ordinary shares of 25p each to shareholders participating in its Dividend Investment Scheme. These shares were issued at a subscription price of 58.6p per share. As a result of this allotment, the total number of ordinary shares in issue stands at 260,216,609.
The company plans to apply for the new shares to be admitted to trading on the London Stock Exchange’s market for listed securities. Trading is expected to commence on or around September 11, 2026.
In accordance with the Disclosure Guidance and Transparency Rules (DTRs) of the Financial Conduct Authority, Northern Venture Trust PLC has disclosed that its capital consists of 260,216,609 ordinary shares with a nominal value of 25p each. All ordinary shares carry voting rights, and the company currently does not hold any ordinary shares in treasury. Consequently, the total number of voting rights in the company is 260,216,609.
This figure is relevant for shareholders and other interested parties in determining their obligations to notify changes in voting rights under the DTRs.
The company’s move to expand its share capital and prepare for increased trading on the London Stock Exchange marks an important development for its operations and shareholder base.