Announcements

Northern 2 VCT PLC.

13 JULY 2017

NORTHERN 2 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 2 VCT PLC ("the Company") announces that at the annual general meeting held on 12 July 2017 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 D P A Gravells, Mr F L G Neale, Mr S P Devonshire and Miss C A McAnulty.

Following the retirement from the board of Mr C G A Fletcher at the conclusion of the annual general meeting, Miss C A McAnulty was appointed as the chairman of the Company's audit committee.

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

Number Resolution For No preference Against Vote withheld
1 To receive and approve the financial statements for the year ended 31 March 2017 9,349,020 451,799 0 9,358
2 To approve and declare a final dividend of 3.5p per share in respect of the year ended 31 March 2017 9,370,483 439,694 0 0
3 To approve the Directors' remuneration report in respect of the year ended 31 March 2017 other than the part of such report containing the directors' remuneration policy 8,695,648 449,694 477,662 187,173
4 To approve the directors' remuneration policy contained in the directors' remuneration report for the year ended 31 March 2017 8,618,239 452,431 522,859 216,648
5 To re-elect Mr A M Conn as a director 9,070,600 512,094 114,763 112,720
6 To re-elect Mr D P A Gravells as a director 8,978,869 520,745 187,364 123,199
7 To re-elect Mr F L G Neale as a director 8,921,865 496,613 181,556 210,143
8 To re-elect Mr S P Devonshire 8,963,409 502,008 142,050 202,710
9 To re-elect Miss C A McAnulty as a director 8,838,582 496,613 237,965 237,017
10 To re-appoint KPMG LLP as independent auditor 8,960,504 504,318 184,442 160,913
11 To authorise the audit committee to fix the remuneration of the independent auditor 9,267,481 468,615 40,838 33,243
12 To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 9,214,288 439,694 65,943 90,252
13 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares 8,920,549 439,694 315,563 134,371
14 To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006 9,288,209 418,673 79,085 24,210

Enquiries:

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

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




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Source: Northern 2 VCT PLC via Globenewswire