New Century AIM VCT PLC announces a share repurchase program. Under the program, the company will repurchase up to 10% of its issued share capital. The share will be repurchased at a 5% discount to net asset value based on the closing prices of the February 16, 2017. The Board is aware that liquidity in the shares has been difficult which on occasions has led to a wide disparity between the share price and net asset value and the tender offer helps to address this issue and allow shareholders to dispose of shares at a price which more fully reflects the net asset value. Shares not tendered in the buyback will be available for excess applications by shareholders wishing to sell more than 10% of their holding. The tender offer is valid until February 16, 2017.