Announcements

Northern 3 VCT PLC.

5 July 2012

NORTHERN 3 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 3 VCT PLC ("the Company") announces that at the annual general meeting held on 5 July 2012 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 James Ferguson and Mr Tim Levett.

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 receive the financial statements for the year ended 31 March 2012 5,308,751 256,810 13,341 3,712
2 To approve a final dividend of 3.0p per share in respect of the year ended 31 March 2012 5,322,751 231,185 28,678 0
3 To approve the directors' remuneration report in respect of the year ended 31 March 2012 4,969,267 273,889 172,957 166,501
4 To re-elect Mr J G D Ferguson as a director 5,196,045 264,244 78,430 43,895
5 To re-elect Mr T R Levett as a director 5,179,728 270,055 69,522 63,309
6 To reappoint KPMG Audit Plc as independent auditors 5,164,454 275,638 110,594 31,928
7 To authorise the directors to fix the remuneration of the independent auditors 5,208,079 276,346 77,070 21,119
8 To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 5,053,449 262,621 186,127 80,417
9 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities 4,903,350 287,621 305,394 86,249
10 To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006 5,088,117 289,495 171,656 33,346

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 3 VCT PLC via Thomson Reuters ONE

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