Northern 2 VCT says Mercia may earn up to 5.5% promoter fee on share offer subscriptions

• Northern 2 VCT published a 2026/27 share offer document tied to a fee arrangement with fund manager Mercia Fund Management.
• Mercia will receive a promoter’s fee of up to 5.5% of subscription proceeds, or 3% where no commission applies.
• Mercia agreed to cover all offer-related costs, charges, and expenses, shifting transaction costs away from the VCTs.
• The board classified the fee as a related-party transaction, citing sponsor confirmation that terms are fair and reasonable.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern 2 VCT plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609160830OMX_____CNEWS_EN_GNW1001263050_en) on September 16, 2026, and is solely responsible for the information contained therein.