Northern 3 VCT plc Issue of Equity

15th January 2010


15 January 2010

NORTHERN 3 VCT PLC ("The Company")


The Company announces that on 15 January 2010 it allotted 77,667 ordinary shares
of 5p each to shareholders who agreed to subscribe for shares under the terms of
the Company's Dividend Investment Scheme. Â The subscription price was 88.5p per
share. Â Following the above allotment, there are 28,957,954 ordinary shares in

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 28,957,954 ordinary shares with a
nominal value of 5p each, with voting rights.

The Company does not hold any ordinary shares in treasury.

Therefore, the total number of voting rights in the Company is 28,957,954 (the

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
Website: Â <>


(END) Dow Jones Newswires

January 15, 2010 04:50 ET (09:50 GMT)