Result of AGM

19 DECEMBER 2019

NORTHERN VENTURE TRUST PLC

RESULT OF ANNUAL GENERAL MEETING

Northern Venture Trust PLC (“the Company”) announces that at the annual general meeting held on 18 December 2019 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 Simon Constantine, Mr Nigel Beer, Mr Richard Green, Mr David Mayes, 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/investor-area/vcts/nvt/

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 2019 together with the directors’ and independent auditor’s reports thereon	12,207,323	243,535	2,000	8,333
2	To approve and declare a final dividend of 2.0p per share in respect of the year ended 30 September 2019	12,217,656	243,535	0	0
3	To approve the Directors’ remuneration report in respect of the year ended 30 September 2019	11,419,389	187,360	361,190	493,252
4	To approve the Directors’ remuneration policy contained in the Directors’ remuneration report in respect of the year ended 30 September 2019	11,387,656	263,059	397,693	412,783
5	To re-elect as a director Mr S J Constantine	11,643,584	246,426	214,474	356,707
6	To re-elect as a director Mr N J Beer	11,491,599	246,426	435,721	287,445
7	To re-elect as a director Mr R J Green	11,858,300	246,426	94,648	261,817
8	To re-elect as a director Mr T R Levett	11,602,991	246,426	359,069	252,705
9	To re-elect as a director Mr D A Mayes	11,807,265	246,426	93,157	314,343
10	To re-elect as a director Mr H P Younger	11,674,741	261,959	225,060	299,431
11	To re-appoint KPMG LLP as independent auditor of the Company	10,918,141	190,179	1,011,415	341,456
12	To authorise the audit committee to fix the remuneration of the independent auditor	11,834,598	243,535	198,243	184,815
13	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	11,974,591	263,059	166,574	56,967
14	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	11,801,785	268,059	298,063	93,284
15	To authorise the Company to make market purchases of shares in accordance with Section 701 of the Companies Act 2006	11,837,128	346,519	277,544	0

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.