Result of AGM

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:

Number	Resolution	For	Discretionary	Against	Vote withheld
1	To 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 thereon	12,236,270	419,914	72,910	40,599
2	To declare and approve a final dividend of 2.0p per share in respect of the year ended 30 September 2018	12,273,968	370,998	84,128	40,599
3	To approve the Directors’ remuneration report in respect of the year ended 30 September 2018	11,051,838	482,504	749,974	485,377
4	To re-elect as a director Mr N J Beer	11,500,969	445,278	278,207	545,239
5	To re-elect as a director Mr S J Constantine	11,398,849	413,020	382,101	575,723
6	To re-elect as a director Mr H P Younger	11,533,217	413,020	278,217	545,239
7	To re-elect as a director Mr T R Levett	11,283,193	420,181	537,328	528,991
8	To re-appoint KPMG LLP as independent auditor of the Company	10,861,480	386,653	1,203,050	318,510
9	To authorise the audit committee to fix the remuneration of the independent auditor	12,151,584	410,321	139,487	68,301
10	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	12,100,625	415,321	149,412	104,335
11	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	11,431,328	430,043	747,889	160,433
12	To authorise the Company to make market purchases of shares in accordance with Section 701 of the Companies Act 2006	11,851,254	498,036	297,284	123,119

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.