Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Northern Venture, Northern 2, Northern 3 report net asset value fall

Fri, 24th Nov 2023 17:11

Northern Venture Trust PLC, Northern 2 VCT PLC and Northern 3 VCT PLC - venture capital trusts - Northern Venture reports net asset value of 61.4 pence per share for September 30, down from 63.5p a year prior. Declares 1.6p per share dividend. Says macroeconomic conditions are challenging, but it is well capitalised, which Northern 3 VCT says as well. Northern 2 VCT reports NAV per share of 58.6p as at September 30, down from 60.2p a year ago. Declares 1.8p per share dividend. Looking ahead, Northern 2 VCT says the macroeconomy causes considerable uncertainty. Northern 3 VCT reports September 30 NAV per share of 90.0p, down from 92.0p a year ago. Declares 2.0p per share dividend.

Current Northern Venture stock price: 57.00 pence, down 2.6% on Friday

12-month change: down 5.0%

Current Northern 2 stock price: 53.50p, down 4.5% on Friday

12-month change: down 6.1%

Current Northern 3 stock price: 86.50p

12-month change: down 0.6%

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
10 Jan 2024 15:59

UK dividends calendar - next 7 days

28 Nov 2023 13:35

EARNINGS AND TRADING: Treatt revenue up; Crossword cuts outlook

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and Monday and not separat...

27 Sep 2023 17:37

IN BRIEF: Northern Venture Trust offer for subscription open

Northern Venture Trust PLC - Further to the announcement made by the company on September 18, in conjunction with Northern 2 VCT PLC and Northern 3 VC...

14 Jul 2023 15:56

UK shareholder meetings calendar - next 7 days

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.