Announcements

Northern Venture Trust PLC.

16 DECEMBER 2016

NORTHERN VENTURE TRUST PLC

RESULT OF ANNUAL GENERAL MEETING

Northern Venture Trust PLC ("the Company") announces that at the annual general meeting held on 15 December 2016 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

The resolutions included the re-election as a director of Mr Tim Levett and the approval of a revised statement of the Company's investment policy.

In accordance with the Disclosure Rules and Transparency Rules, a copy of the resolutions proposed and passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM and is also available on the NVM Private Equity website at: www.nvm.co.uk/nvtagm2016.

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 and approve the annual accounts and financial statements for the year ended 30 September 2016 together with the directors' and independent auditor's reports thereon 10,740,009 117,934 0 5,168
2 To declare and approve a final dividend of 3.0p per share in respect of the year ended 30 September 2016 10,723,702 98,410 22,970 18,029
3 To approve the Directors' remuneration report in respect of the year ended 30 September 2016 other than the part of such report containing the directors remuneration policy 10,241,580 153,251 131,264 337,016
4 To approve the Directors' remuneration policy contained in the Directors' remuneration report for the year ended 30 September 2016 10,025,641 169,308 138,543 529,619
5 To re-elect as a director Mr T R Levett 10,247,891 117,118 345,933 152,169
6 To appoint KPMG LLP as independent auditor of the Company 10,512,307 134,810 96,823 119,171
7 To authorise the audit committee to fix the remuneration of the independent auditor 10,626,936 120,468 30,648 85,059
8 To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006 10,636,362 119,810 90,233 16,706
9 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares 10,509,692 114,810 163,838 74,771
10 To authorise the Company to make market purchases of shares in accordance with Section 701 of the Companies Act 2006 10,519,551 134,334 178,948 30,278
11 To approve the revised statement of the Company's investment policy 10,612,753 134,380 28,392 87,586

Enquiries:

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.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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 Venture Trust PLC via Globenewswire