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11 FEBRUARY 2022 NORTHERN 2 VCT PLC UNAUDITED NET ASSET VALUE AS AT 31 DECEMBER 2021 Northern 2 VCT PLC (“the Company”) is a Venture Capital Trust (“VCT”) launched in 1999 and managed by Mercia Fund Management Limited. The Company’s objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth, by investing in a portfolio of investments mainly comprising unquoted venture capital holdings. In order to maintain approval by HM Revenu
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