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16 NOVEMBER 2010
NORTHERN VENTURE TRUST PLC (the "Company")
CIRCULAR RE: tender offer
Further to the announcement made on 15 September 2010, the Company announces
that a circular has today been posted to shareholders setting out details of the
tender offer (the "Tender Offer") to purchase in aggregate 10% of the Company's
issued share capital at a price of 78.3p per share, representing a discount of
3% to the audited net asset value as at 30 September 2010 (after deduction of
the proposed final dividend for the year ended 30 September 2010).
The Tender Offer opened on 16 November 2010 and will close at 11.00am on 17
December 2010 and cash arising on the sale of shares in the Tender Offer will be
paid to shareholders by 24 December 2010.
A copy of the Tender Offer circular isavailable on the NVM Private Equity
website at www.nvm.co.uk/nvttenderc2010
Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Neither the contents of the NVM Private Equity Limited website nor the contents
of any website accessible from hyperlinks on the NVM Private Equity Limited
website (or any other website) is incorporated into, or forms part of, this
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Northern Venture Trust PLC via Thomson Reuters ONE
(END) Dow Jones Newswires
November 16, 2010 12:05 ET (17:05 GMT)