Northern 2 VCT PLC Issue of Equity

4th December 2009


4 December 2009

NORTHERN 2 VCT PLC ("The Company")


The Company announces that on 4 December 2009 it allotted 142,153
ordinary shares of 5p each to shareholders who agreed to subscribe
for shares under the terms of the Company's Dividend Investment
Scheme. The subscription price was 76.6p per share. Following the
above allotment, there are 57,103,761 ordinary shares in issue.

Application will be made at the earliest practicable opportunity for
these shares, which will rank pari passu with existing ordinary
shares, to be admitted to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's market for
listed securities.

In conformity with the Transparency Directive, the Company notifies
the market that the capital of the Company consists of 57,103,761
ordinary shares with a nominal value of 5p each. All the shares have
voting rights.

The Company does not hold any ordinary shares in treasury.

Therefore, the total number of voting rights in the Company is
57,103,761 (the "Figure").

The Figure may be used by a shareholder or other person as the
denominator for the calculations by which he will determine if he is
required to notify the voting rights he holds in relation to the
Company, or a change to those voting rights, under the FSA's
Disclosure and Transparency Rules.


Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191
244 6000



This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.

(END) Dow Jones Newswires

December 04, 2009 04:48 ET (09:48 GMT)