Announcements

Northern 2 VCT PLC.

31 JULY 2014

NORTHERN 2 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 2 VCT PLC ("the Company") announces that at the annual general meeting held on 30 July 2014 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 C G A Fletcher, Mr F L G Neale and Mr D P A Gravells.

In accordance with the Disclosure Rules and Transparency Rules, a copy of the resolutions proposed and passed (including the resolution which amended the Company's articles of association and a copy of the amended articles of association) have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.doc and is also available on the NVM Private Equity website at: www.nvm.co.uk/n2vctagm2014.

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 year ended 31 March 2014 10,947,146 420,273 7,603 27,263
2 To approve the Directors' remuneration report in respect of the year ended 31 March 2014 other than the part of such report containing the Directors' remuneration policy 10,393,664 458,742 238,281 311,598
3 To approve the directors' remuneration policy contained in the Directors'' remuneration report for the year ended 31 March 2014 10,266,970 452,237 238,645 444,433
4 To re-elect Mr A M Conn as a director 10,760,953 436,584 128,399 76,349
5 To re-elect Mr E M P Denny as a director 10,647,662 460,945 209,896 83,782
6 To re-elect Mr C G A Fletcher as a director 10,753,495 436,584 125,857 86,349
7 To re-elect Mr F L G Neale as a director 10,719,825 436,584 152,094 93,782
8 To re-elect Mr D P A Gravells as a director 10,719,498 436,584 151,311 94,892
9 To re-appoint KPMG LLP as independent auditor 10,674,957 420,273 258,077 48,978
10 To authorise the directors to fix the remuneration of the independent auditor 10,912,087 427,876 40,414 21,908
11 To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 10,635,429 547,876 205,922 13,058
12 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares 10,422,006 439,297 481,795 59,187
13 To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006 10,862,382 430,269 96,576 13,058
14 To amend the articles of association of the Company 10,527,656 478,693 256,353 139,583
15 To authorise the proposed amendments to the Management Agreement and to authorise the Company to enter into an amended and restated management agreement 9,617,238 584,888 434,215 765,944

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.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Northern 2 VCT PLC via Globenewswire

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