Result of Meeting

15 JANUARY 2021

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 January 2021 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 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 2020 together with the directors’ and independent auditor’s reports thereon	11,453,054	356,018	2,706	0
2	To approve and declare a final dividend of 2.5p per share in respect of the year ended 30 September 2020	11,510,782	295,996	5,000	0
3	To approve the Directors’ remuneration report in respect of the year ended 30 September 2020	10,360,606	356,018	434,822	660,332
4	To re-elect as a director Mr S J Constantine	10,630,617	362,788	369,271	449,102
5	To re-elect as a director Mr N J Beer	10,954,987	355,627	207,054	294,110
6	To re-elect as a director Mr R J Green	10,998,721	355,627	163,320	294,110
7	To re-elect as a director Mr T R Levett	10,817,350	355,627	343,490	295,311
8	To re-elect as a director Mr D A Mayes	11,028,882	355,627	65,828	361,441
9	To re-elect as a director Mr H P Younger	10,880,370	355,627	220,365	355,416
10	To appoint Mazars LLP as independent auditor of the Company	10,522,326	353,319	638,897	297,236
11	To authorise the audit committee to fix the remuneration of the independent auditor	11,366,068	353,319	30,104	62,287
12	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	11,304,500	371,313	40,487	95,478
13	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	10,993,716	338,132	388,230	91,700
14	To authorise the Company to make market purchases of shares in accordance with Section 701 of the Companies Act 2006	11,066,143	665,077	80,558	0

Enquiries:

James Bryce, NVM Private Equity LLP - 0191 244 6000
Website:  www.nvm.co.uk

Martin Glanfield, Chief Financial Officer Mercia Asset Management PLC - 0330 223 1430
Website: www.mercia.co.uk

Neither the contents of the NVM Private Equity LLP or the Mercia Asset Management PLC website, nor the contents of any website accessible from hyperlinks on the NVM Private Equity LLP or Mercia Asset Management PLC website (or any other website), is incorporated into, or forms part of, this announcement.