New Addition to the Northern 3 VCT PLC Board
Northern 3 VCT PLC is excited to share a significant development within its board of directors. The Company has appointed David Ovens as a non-executive director, a change expected to bring valuable insights and experience to the organization. His role will involve participation in crucial committees, including the audit, nomination, and management engagement committees.
Who is David Ovens?
David Ovens is a seasoned professional within the investment industry, boasting an impressive career spanning over 30 years. He is currently serving as the Joint Managing Director of Archangel Investors, where he continues to shape the landscape of venture capital.
Venture Capital Expertise
David's extensive background in venture capital positions him uniquely to contribute to Northern 3 VCT PLC. His previous roles include chairing SIS Ventures and being a trustee of Social Investment Scotland. Additionally, he has held significant positions, such as non-executive director of LINC Scotland, which is now recognized as Angel Capital Scotland, and CEO of Invercap. His vast experience will enhance the Company’s capabilities in identifying and managing investment opportunities.
Involvement with Athletics and Academia
Beyond his financial expertise, David has also made a mark in athletics and education. He currently holds the position of Chair on the Board of Scottish Athletics, extending his influence to the sports sector. Furthermore, he contributes as a non-executive director for UK Athletics, showcasing his commitment to sports development.
Educational Contributions
David’s contributions aren’t limited to the financial sector or athletics. He serves as a General Council Assessor for the University of Edinburgh Court, reflecting his dedication to supporting academic institutions and fostering future leaders.
No Disclosures Required
In accordance with UK Listing Rules, there are no disclosures to be made regarding David Ovens’ appointment. This transparency ensures stakeholders can trust the governance of Northern 3 VCT PLC.
Enquiries and Further Information
For further information, stakeholders and interested parties can reach out to Sarah Williams or James Sly at Mercia Fund Management Limited. They can be contacted via phone at 0330 223 1430 for any related enquiries.
Frequently Asked Questions
What is the reason for David Ovens' appointment?
David Ovens was appointed to add his extensive investment experience to the board of Northern 3 VCT PLC and to participate in key committees.
What roles does David Ovens hold outside of Northern 3 VCT PLC?
David Ovens is the Joint Managing Director at Archangel Investors and holds positions in both Scottish and UK athletics.
Is there any financial disclosure required for David Ovens?
No disclosures are required as per UK Listing Rules regarding his appointment.
Who can I contact for more information regarding Northern 3 VCT PLC?
You can contact Sarah Williams or James Sly at Mercia Fund Management Limited by calling 0330 223 1430.
What is the significance of Northern 3 VCT PLC?
Northern 3 VCT PLC focuses on providing investments to support growing businesses in the UK while delivering returns to shareholders.
