{"success":true,"data":{"pressRelease":{"id":"156242","rtpr_id":"nGNE1pcW0c-20260930","ticker":"NTV","exchange":"LSE","all_tickers":["NTV"],"title":"REG-Offer for Subscription ","author":"Globe Newswire","published_at":"2026-09-30T07:00:00.169Z","article_body":"30 SEPTEMBER 2026\n\nNORTHERN 2 VCT PLC\n\nOFFER FOR SUBSCRIPTION\n\nFurther to the announcement made by Northern 2 VCT PLC (“the Company”) on\n16 September 2026 in conjunction with Northern Venture Trust PLC and Northern\n3 VCT PLC (together with the Company known as “the Northern VCTs”), in\nrespect of the offers of new ordinary shares for subscription in the 2026/27\ntax year (“the Offers”), the Company announces that its offer is now open\nto applications.\n\nApplications for new shares in the Company will be dealt with on a\n“first-come, first-served” basis. In recognition of the loyalty of the\nNorthern VCT shareholders, existing shareholders on the register of members of\nany of the Northern VCTs as at 10 June 2026, along with their spouse or civil\npartner, whose applications for shares in any of the Northern VCTs are\naccepted, will benefit from a reduction of 0.5% in the offer costs applicable\nto their subscription. The Offers will remain open until 12 noon on 31 March\n2027, unless fully subscribed at an earlier date and subject to the\nDirectors’ right to close the Offers at any time. There will be a first\nallotment at the end of November 2026 and to be allocated shares in the first\nallotment, funded valid applications must be received by 5.00pm on 23 November\n2026.\n\nThe offer document describing the key features of the Offers has been sent to\nregistered shareholders and is also available for download from:\nwww.mercia.co.uk/vcts. Additionally, a copy is available free of charge, from\nthe Company’s registered office at Forward House, 17 High Street,\nHenley-in-Arden B95 5AA or by calling Mercia on 0330 223 1430.\n\nEnquiries:\n\nSarah Williams / James Sly, Mercia Fund Management Limited - 0330 223 1430\n\nWebsite: www.mercia.co.uk/vcts\n\nNeither the contents of the Mercia Asset Management PLC website, nor the\ncontents of any website accessible from hyperlinks on the Mercia Asset\nManagement PLC website (or any other website), are incorporated into, or form\npart of, this announcement.","article_body_html":"","raw_payload":{"data":{"id":"nGNE1pcW0c-20260930","title":"REG-Offer for Subscription ","author":"Globe Newswire","ticker":"NTV","created":"2026-09-30T07:00:00.169Z","tickers":["NTV"],"exchange":"LSE","article_body":"30 SEPTEMBER 2026\n\nNORTHERN 2 VCT PLC\n\nOFFER FOR SUBSCRIPTION\n\nFurther to the announcement made by Northern 2 VCT PLC (“the Company”) on\n16 September 2026 in conjunction with Northern Venture Trust PLC and Northern\n3 VCT PLC (together with the Company known as “the Northern VCTs”), in\nrespect of the offers of new ordinary shares for subscription in the 2026/27\ntax year (“the Offers”), the Company announces that its offer is now open\nto applications.\n\nApplications for new shares in the Company will be dealt with on a\n“first-come, first-served” basis. In recognition of the loyalty of the\nNorthern VCT shareholders, existing shareholders on the register of members of\nany of the Northern VCTs as at 10 June 2026, along with their spouse or civil\npartner, whose applications for shares in any of the Northern VCTs are\naccepted, will benefit from a reduction of 0.5% in the offer costs applicable\nto their subscription. The Offers will remain open until 12 noon on 31 March\n2027, unless fully subscribed at an earlier date and subject to the\nDirectors’ right to close the Offers at any time. There will be a first\nallotment at the end of November 2026 and to be allocated shares in the first\nallotment, funded valid applications must be received by 5.00pm on 23 November\n2026.\n\nThe offer document describing the key features of the Offers has been sent to\nregistered shareholders and is also available for download from:\nwww.mercia.co.uk/vcts. Additionally, a copy is available free of charge, from\nthe Company’s registered office at Forward House, 17 High Street,\nHenley-in-Arden B95 5AA or by calling Mercia on 0330 223 1430.\n\nEnquiries:\n\nSarah Williams / James Sly, Mercia Fund Management Limited - 0330 223 1430\n\nWebsite: www.mercia.co.uk/vcts\n\nNeither the contents of the Mercia Asset Management PLC website, nor the\ncontents of any website accessible from hyperlinks on the Mercia Asset\nManagement PLC website (or any other website), are incorporated into, or form\npart of, this announcement."},"type":"article","timestamp":"2026-09-30T07:00:00.29547142Z","server_sent_at_ms":1790751600295},"received_at":"2026-09-30T07:00:00.441Z","source_url":null},"analysis":{"id":"144943","press_release_id":"156242","analysis_json":{"industry":{"label":"Asset Management","sector":"Financials"},"redFlags":[],"eventType":"offering","narrative":"Northern 2 VCT PLC announced that its 2026/27 tax-year offer for subscription of new ordinary shares is now open to applications.\n\nExisting shareholders on the register of any of the Northern VCTs as at 10 June 2026 receive a 0.5% reduction in offer costs, and shares are allocated first-come, first-served.\n\nThe offer runs until 12 noon on 31 March 2027, with a first allotment at the end of November 2026 for valid applications received by 5.00pm on 23 November 2026.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine VCT subscription offer opening -- UK tax-advantaged fundraising mechanics, low market significance."},"keyFigures":{"customDimensions":{"offer_close":"12 noon on 31 March 2027","loyalty_discount":"0.5% reduction in offer costs for existing shareholders on register as at 10 June 2026","first_allotment_deadline":"5.00pm on 23 November 2026"}},"namedEntities":{"people":[{"name":"Sarah Williams","role":"Mercia Fund Management enquiries contact"},{"name":"James Sly","role":"Mercia Fund Management enquiries contact"}],"products":[],"companies":[{"name":"Northern 2 VCT PLC","ticker":"NTV","relationship":"filer/issuer"},{"name":"Northern Venture Trust PLC","relationship":"affiliated VCT in joint offer"},{"name":"Northern 3 VCT PLC","relationship":"affiliated VCT in joint offer"},{"name":"Mercia Fund Management Limited","relationship":"fund manager"},{"name":"Mercia Asset Management PLC","relationship":"parent/manager (website referenced)"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Routine VCT offer-for-subscription opening; UK VCTs regularly run tax-year subscription offers and this is an administrative announcement with no size, pricing, or earnings impact disclosed."},"tickerRelevance":{"others":[],"primary":"NTV"},"globalImportance":10,"audienceRelevance":8,"eventTypeSecondary":[],"importanceComponents":{"eventScope":"single-issuer administrative announcement","tickerTier":"small-cap-uk-vct","eventGravity":"routine_subscription_offer"}},"event_type":"offering","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Northern 2 VCT PLC announced that its 2026/27 tax-year offer for subscription of new ordinary shares is now open to applications.\n\nExisting shareholders on the register of any of the Northern VCTs as at 10 June 2026 receive a 0.5% reduction in offer costs, and shares are allocated first-come, first-served.\n\nThe offer runs until 12 noon on 31 March 2027, with a first allotment at the end of November 2026 for valid applications received by 5.00pm on 23 November 2026.","key_figures":{"customDimensions":{"offer_close":"12 noon on 31 March 2027","loyalty_discount":"0.5% reduction in offer costs for existing shareholders on register as at 10 June 2026","first_allotment_deadline":"5.00pm on 23 November 2026"}},"named_entities":{"people":[{"name":"Sarah Williams","role":"Mercia Fund Management enquiries contact"},{"name":"James Sly","role":"Mercia Fund Management enquiries contact"}],"products":[],"companies":[{"name":"Northern 2 VCT PLC","ticker":"NTV","relationship":"filer/issuer"},{"name":"Northern Venture Trust PLC","relationship":"affiliated VCT in joint offer"},{"name":"Northern 3 VCT PLC","relationship":"affiliated VCT in joint offer"},{"name":"Mercia Fund Management Limited","relationship":"fund manager"},{"name":"Mercia Asset Management PLC","relationship":"parent/manager (website referenced)"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-30T07:00:07.212Z","global_importance":10,"audience_relevance":8,"importance_components":{"eventScope":"single-issuer administrative announcement","tickerTier":"small-cap-uk-vct","eventGravity":"routine_subscription_offer"}},"durationMs":6742,"modelName":"glm-5.3-flashx"}}