Conversion of Securities


 
TIDMNVTC 
 
17 September 2009 
 
NORTHERN VENTURE TRUST PLC ("The Company") 
 
C SHARE CONVERSION 
 
The Company announces further details of the forthcoming conversion 
of the Company's C shares of 75p each into ordinary shares of 25p 
each. 
 
The C shares were issued by way of an offer for subscription launched 
in November 2005 and the funds raised have been managed as a separate 
pool of assets from those attributed to the ordinary shares.  In 
accordance with the Company's articles of association, the C shares 
will convert into ordinary shares at the close of business on 29 
October 2009 (the 'Conversion Date').  It is expected that the C 
shares will be removed from the Official List with effect from close 
of trading on 29 October 2009. 
 
The number of new ordinary shares to be issued on conversion will be 
determined by reference to the respective net asset values per share 
attributable to the ordinary shares and the C shares (the 'Conversion 
Ratio') as at 30 September 2009 (the 'Calculation Date').  It is 
expected that details of the Conversion Ratio will be announced no 
later than 29 October 2009. 
 
New ordinary shares will be issued on 29 October 2009 to the holders 
of C shares registered in the register of members of the company at 
6.00pm on 29 October 2009. 
 
The new ordinary shares to be issued on conversion will rank pari 
passu with the existing ordinary shares and application will be made 
for the new ordinary shares to be admitted to the Official List and 
to trading on the London Stock Exchange's market for listed 
securities with effect from 30 October 2009.  Share certificates in 
respect of the new ordinary shares will be sent to shareholders no 
later than 9 November 2009. 
 
Enquiries: 
 
Alastair Conn/Christopher Mellor, NVM  Private Equity Limited -  0191 
244 6000 
Website:  www.nvm.co.uk 
 
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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.

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