Result of AGM

26th Aug 2020 13:00

Result of AGM

26 AUGUST 2020

NORTHERN 2 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 2 VCT PLC (“the Company”) announces that at the annual general meeting held on 26 August 2020 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 A M Conn, Mr D P A Gravells, Mr F L G Neale, Mr S P Devonshire and Miss C A McAnulty.

Details of proxy voting on the resolutions put to shareholders at the annual general meeting are as follows:

Number	Resolution	For	No preference	Against	Vote withheld
1	To receive and approve the financial statements for the year ended 31 March 2020	11,487,262	443,578	44,494	18,654
2	To approve and declare a final dividend of 1.5p per share in respect of the year ended 31 March 2020	11,594,865	387,323	11,800	0
3	To approve the Directors’ remuneration report in respect of the year ended 31 March 2020 other than the part of such report containing the directors’ remuneration policy	10,431,878	443,578	682,156	436,376
4	To approve the Directors’ remuneration policy contained in the Directors’ remuneration report for the year ended 31 March 2020	10,296,825	443,578	722,262	531,323
5	To re-elect Mr A M Conn as a director	10,890,145	462,831	427,661	213,351
6	To re-elect Mr D P A Gravells as a director	10,772,601	467,709	506,251	247,427
7	To re-elect Mr F L G Neale as a director	10,853,430	443,578	483,629	213,351
8	To re-elect Mr S P Devonshire	10,561,196	476,798	680,869	275,125
9	To re-elect Miss C A McAnulty as a director	10,739,907	443,578	573,671	236,832
10	To re-appoint KPMG LLP as independent auditor	10,365,240	444,172	940,170	244,406
11	To authorise the audit committee to fix the remuneration of the independent auditor	11,328,823	456,916	153,463	54,786
12	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	11,332,023	422,593	206,821	32,551
13	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	10,803,101	422,593	647,996	120,298
14	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	11,188,547	563,938	208,952	32,551

Enquiries:

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

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

Neither the contents of the NVM Private Equity LLP nor 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.

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Related Shares:

Northern 2 Vct