Result of AGM

16 JULY 2019

NORTHERN 3 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 3 VCT PLC (“the Company”) announces that at the annual general meeting held on 15 July 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 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 2019	6,927,901	311,460	9,731	23,359
2	To approve and declare a final dividend of 2.0p per share in respect of the year ended 31 March 2019	6,921,207	341,513	9,731	0
3	To approve the directors’ remuneration report in respect of the year ended 31 March 2019	6,395,544	377,097	361,524	138,286
4	To re-elect Mr J G D Ferguson as a director	6,527,477	368,718	217,527	158,729
5	To re-elect Mr C J Fleetwood as a director	6,663,515	368,718	97,191	143,027
6	To re-elect Mr J M O Waddell as a director	6,673,089	368,718	110,434	120,210
7	To re-elect Mr T R Levett as a director	6,629,095	368,718	122,587	152,051
8	To re-appoint KPMG LLP as independent auditor	6,273,894	361,272	512,772	124,513
9	To authorise the audit committee to fix the remuneration of the independent auditor	6,834,504	368,718	60,083	9,146
10	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	6,779,365	368,718	71,002	53,366
11	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities	6,236,816	368,718	528,026	138,891
12	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	6,744,837	338,936	125,276	63,402

Enquiries:

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

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