25 APRIL 2025
NORTHERN 3 VCT PLC
NON-EXECUTIVE DIRECTOR APPOINTMENT
Northern 3 VCT PLC (“the Company”) is pleased to announce that it has appointed David Ovens to the board as a non-executive director and as a member of the Company’s audit, nomination and management engagement committees with effect from 24 April 2025.
David brings 30 years’ experience in the investment industry. He is currently Joint Managing Director of Archangel Investors.
David has extensive venture capital experience, having previously served as Chair of SIS Ventures, a trustee of Social Investment Scotland, non-executive director of LINC Scotland (now known as Angel Capital Scotland), and CEO of Invercap. David also has significant corporate finance experience having previously worked with Bank of Scotland, Noble Grossart and Noble & Company.
David currently serves as Chair of the Board of Scottish Athletics and non-executive director of UK Athletics. Additionally, David is a General Council Assessor for the University of Edinburgh Court.
There are no disclosures to be made in accordance with UKLR 6.4.8 R of the UK Listing Rules in relation to David Ovens’ appointment.
Enquiries:
Sarah Williams / James Sly, Mercia Fund Management Limited – 0330 223 1430
Website: www.mercia.co.uk/vcts
Neither the contents of the Mercia Asset Management PLC website, nor the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website), are incorporated into, or form part of, this announcement.
