UK - Northern 2 VCT results show fall in NAV

NVM has recently released the preliminary results of Northern 2 VCT Plc for the year ending 31 January 2006. The reported net asset value per share fell slightly from last year’s figure of 91.0p (re-stated from 89.7p as a result of changes in accounting policy) to 90.4p at 31 January 2006. Income generation from the investment portfolio was strong but the level of realised gains from investment sales was less than in the preceding year.