Announcements

Northern 3 VCT PLC.

NORTHERN 3 VCT PLC ("the Company")

 

RESULT OF GENERAL MEETING

 

The Company announces that at the general meeting held on 14 September 2011 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

 

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

 

No Resolution For Discretionary Against Vote
withheld
1 To authorise the Directors to allot new Ordinary Shares to the shareholders of Northern AIM VCT PLC pursuant to the Merger, such authority to expire on the fifth anniversary of this resolution unless previously renewed. 6,964,097 299,027 340,534 Nil
2 To supplement the previous resolution and seeks to give the directors authority to allot new ordinary shares for cash in other than pursuant to Resolution 1 up to an upper limit of 10% of the aggregate issued share capital from time to time. 6,897,833 307,709 387,595 10,521
3 To approve the acquisition by the Company of the assets and liabilities of Northern AIM VCT PLC pursuant to the Merger. 6,918,367 299,027 386,264 Nil
4 To authorise the disapplication of rights of pre-emption in respect of the issue of new Ordinary Shares to the shareholders of Northern AIM VCT PLC pursuant to the Merger pursuant to Resolution 1, and in respect of the issue of up to 10% of the Company's issued share capital from time to time pursuant to Resolution 2, such authority to expire on the fifth anniversary of this resolution unless previously renewed. 6,762,554 307,709 446,488 86,907
5 To approve the cancellation, subject to the confirmation of the High Court, of the sum standing to the credit of the Company's Share Premium Account as at the date the order of the High Court is made. 6,944,145 328,709 325,383 5,421

 

 

A copy of the resolutions passed will be submitted to the UK Listing Authority and will shortly be available for inspection at the National Storage Mechanism at http://www.hemscott.com/nsm.do

Enquiries:

 

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




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Source: Northern 3 VCT PLC via Thomson Reuters ONE

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