Result of AGM 13 JULY 2017 NORTHERN 2 VCT PL
Post# of 301275
13 JULY 2017
NORTHERN 2 VCT PLC
RESULT OF ANNUAL GENERAL MEETING
Northern 2 VCT PLC ("the Company") announces that at the annual general meeting held on 12 July 2017 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.
Following the retirement from the board of Mr C G A Fletcher at the conclusion of the annual general meeting, Miss C A McAnulty was appointed as the chairman of the Company's audit committee.
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 2017 | 9,349,020 | 451,799 | 0 | 9,358 |
| 2 | To approve and declare a final dividend of 3.5p per share in respect of the year ended 31 March 2017 | 9,370,483 | 439,694 | 0 | 0 |
| 3 | To approve the Directors' remuneration report in respect of the year ended 31 March 2017 other than the part of such report containing the directors' remuneration policy | 8,695,648 | 449,694 | 477,662 | 187,173 |
| 4 | To approve the directors' remuneration policy contained in the directors' remuneration report for the year ended 31 March 2017 | 8,618,239 | 452,431 | 522,859 | 216,648 |
| 5 | To re-elect Mr A M Conn as a director | 9,070,600 | 512,094 | 114,763 | 112,720 |
| 6 | To re-elect Mr D P A Gravells as a director | 8,978,869 | 520,745 | 187,364 | 123,199 |
| 7 | To re-elect Mr F L G Neale as a director | 8,921,865 | 496,613 | 181,556 | 210,143 |
| 8 | To re-elect Mr S P Devonshire | 8,963,409 | 502,008 | 142,050 | 202,710 |
| 9 | To re-elect Miss C A McAnulty as a director | 8,838,582 | 496,613 | 237,965 | 237,017 |
| 10 | To re-appoint KPMG LLP as independent auditor | 8,960,504 | 504,318 | 184,442 | 160,913 |
| 11 | To authorise the audit committee to fix the remuneration of the independent auditor | 9,267,481 | 468,615 | 40,838 | 33,243 |
| 12 | To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 | 9,214,288 | 439,694 | 65,943 | 90,252 |
| 13 | To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares | 8,920,549 | 439,694 | 315,563 | 134,371 |
| 14 | To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006 | 9,288,209 | 418,673 | 79,085 | 24,210 |
Enquiries:
Alastair Conn/Christopher Mellor, 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.
(0)
(0)