3 NOVEMBER 2017

NORTHERN VENTURE TRUST PLC

NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR")

Northern Venture Trust PLC ("the Company") has been notified that in respect of the allotment of new ordinary shares pursuant to the Prospectus published on 21 September 2017, the following PDMR acquired ordinary shares of 25 pence each in the Company.

PDMR	Date acquired	No. of shares acquired	Purchase price per share (£)	Total current shareholding
Hugh Patrick Younger	3 November 2017	67,493	£0.741	119,746

The Notification of Dealing Form for the above PDMR can be found below.
This notification is made in accordance with the Market Abuse Regulation.

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity LLP - 0191 244 6000
Website:  www.nvm.co.uk

Neither the contents of the NVM Private Equity LLP website nor the contents of any website accessible from hyperlinks on the NVM Private Equity LLP website (or any other website) is incorporated into, or forms part of, this announcement.

NOTIFICATION OF DEALING FORM 

1   Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Hugh Patrick Younger

2   Reason for the notification

a)	Position/status	Director
b)	Initial notification/ Amendment	Initial Notification

3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)	Name	Northern Venture Trust PLC
b)	LEI	213800HR3R4WFICYFN46

4   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 25p each         GB0006450703
b)	Nature of the transaction	Allotment of new ordinary shares pursuant to the Prospectus published on 21 September 2017
c)	Price(s) and volume(s)	Price(s)  £0.741 Volume(s)  67,493
d)	Aggregated information  - Aggregated volume - Price	Aggregate price  £0.741     Aggregate volume  67,493   Aggregate total  £50,000
e)	Date of the transaction	3 November 2017
f)	Place of the transaction	XLON

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