Result of AGM

4 JULY 2018

NORTHERN 3 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 3 VCT PLC (“the Company”) announces that at the annual general meeting held on 4 July 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 James Ferguson, Mr Chris Fleetwood, Mr John Waddell 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	No preference	Against	Vote withheld
1	To receive and approve the financial statements for the year ended 31 March 2018	6,529,481	278,135	34,945	24,446
2	To approve and declare a final dividend of 3.5p per share in respect of the year ended 31 March 2018	6,606,564	252,510	7,933	0
3	To approve the directors’ remuneration report in respect of the year ended 31 March 2018	5,986,791	289,752	391,329	199,135
4	To re-elect Mr J G D Ferguson as a director	6,309,768	300,913	126,033	130,293
5	To re-elect Mr C J Fleetwood as a director	6,263,800	312,148	155,447	135,612
6	To re-elect Mr J M O Waddell as a director	6,305,980	312,148	99,748	149,131
7	To re-elect Mr T R Levett as a director	6,311,864	312,148	99,972	143,023
8	To re-appoint KPMG LLP as independent auditor	5,831,697	278,135	592,959	164,216
9	To authorise the audit committee to fix the remuneration of the independent auditor	6,317,563	327,738	176,693	45,013
10	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	6,315,659	309,370	162,155	79,823
11	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities	5,867,362	309,370	524,184	166,091
12	To disapply Section 561(1) of the Companies Act 2006 in relation to certain allotments of equity securities	5,891,215	289,370	510,937	175,485
13	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	6,408,361	289,370	152,308	16,968

Enquiries:

Simon John/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.