Announcements

Northern Venture Trust PLC.

14 DECEMBER 2018

NORTHERN VENTURE TRUST PLC

RESULT OF ANNUAL GENERAL MEETING

Northern Venture Trust PLC (“the Company”) announces that at the annual general meeting held on 14 December 2018 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 Nigel Beer, Mr Simon Constantine, Mr Hugh Younger and Mr Tim Levett.

In accordance with the Financial Conduct Authority’s Disclosure Guidance 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/nvt/meetings.

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

NumberResolutionForDiscretionaryAgainstVote withheld
1To receive and approve the annual accounts and financial statements for the year ended 30 September 2018 together with the directors’ and independent auditor’s reports thereon12,236,270419,91472,91040,599
2To declare and approve a final dividend of 2.0p per share in respect of the year ended 30 September 201812,273,968370,99884,12840,599
3To approve the Directors’ remuneration report in respect of the year ended 30 September 201811,051,838482,504749,974485,377
4To re-elect as a director Mr N J Beer11,500,969445,278278,207545,239
5To re-elect as a director Mr S J Constantine11,398,849413,020382,101575,723
6To re-elect as a director Mr H P Younger11,533,217413,020278,217545,239
7To re-elect as a director Mr T R Levett11,283,193420,181537,328528,991
8To re-appoint KPMG LLP as independent auditor of the Company10,861,480386,6531,203,050318,510
9To authorise the audit committee to fix the remuneration of the independent auditor12,151,584410,321139,48768,301
10To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 200612,100,625415,321149,412104,335
11To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares11,431,328430,043747,889160,433
12To authorise the Company to make market purchases of shares in accordance with Section 701 of the Companies Act 200611,851,254498,036297,284123,119

Enquiries:

James Bryce, 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.