Announcements

Northern 2 VCT PLC.

19 July 2011

 

NORTHERN 2 VCT PLC ("the Company")

 

RESULT OF ANNUAL GENERAL MEETING

 

The Company announces that at the annual general meeting held on 19 July 2011 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

 

The resolutions included those to re-elect as directors Mr A M Conn, Mr E M P Denny, Mr F L G Neale and  Mr D P A Gravells.

 

Further to the announcement on 26 May 2011, Professor Sir Frederick Holliday retired from the board at the conclusion of the annual general meeting.  Mr Frank Neale has been appointed as the senior non-executive director of the Company with effect from 19 July 2011.

 

Details of proxy voting on the resolutions put to shareholders at the annual general meeting are as follows:

 

Number Resolution For Discretionary Against Vote withheld  
1 To receive the financial statements for the 14 months ended 31 March 2011 5,069,818 191,898 7,655 0 5,269,371
2 To declare a final dividend of 3.5p per share in respect of the 14 months ended 31 March 2011 5,099,052 170,319 0 0 5,269,371
3 To approve the directors' remuneration report 4,653,733 210,818 233,852 170,968 5,269,371
4 To re-elect Mr A M Conn as a director 4,867,218 191,898 23,919 186,336 5,269,371
5 To re-elect Mr E M P Denny as a director 4,839,270 202,499 41,266 186,336 5,269,371
6 To re-elect Mr F L G Neale as a director 4,850,902 191,898 40,235 186,336 5,269,371
7 To re-elect Mr D P A Gravells as a director 4,867,192 191,898 23,945 186,336 5,269,371
8 To reappoint KPMG Audit Plc as independent auditors 4,829,758 215,951 173,384 50,278 5,269,371
9 To authorise the directors to fix the remuneration of the independent auditors 4,996,655 196,898 54,037 21,781 5,269,371
10 To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 4,958,046 196,898 91,463 22,964 5,269,371
11 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares 4,765,879 168,942 211,533 123,017 5,269,371
12 To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006 4,965,538 197,428 76,102 30,303 5,269,371

 

Enquiries:

 

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website:  www.nvm.co.uk

Neither the contents of the NVM Private Equity Limited website nor the contents of any website accessible from hyperlinks on the NVM Private Equity Limited website (or any other website) is incorporated into, or forms part of, this announcement.

 




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Source: Northern 2 VCT PLC via Thomson Reuters ONE

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