4 JULY 2018

NORTHERN 3 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 3 VCT PLC (“the Company”) announces that at the annual general meeting held on 4 July 2018 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 2018 6,529,481 278,135 34,945 24,446
2 To approve and declare a final dividend of 3.5p per share in respect of the year ended 31 March 2018 6,606,564 252,510 7,933 0
3 To approve the directors’ remuneration report in respect of the year ended 31 March 2018 5,986,791 289,752 391,329 199,135
4 To re-elect Mr J G D Ferguson as a director 6,309,768 300,913 126,033 130,293
5 To re-elect Mr C J Fleetwood as a director 6,263,800 312,148 155,447 135,612
6 To re-elect Mr J M O Waddell as a director 6,305,980 312,148 99,748 149,131
7 To re-elect Mr T R Levett as a director 6,311,864 312,148 99,972 143,023
8 To re-appoint KPMG LLP as independent auditor 5,831,697 278,135 592,959 164,216
9 To authorise the audit committee to fix the remuneration of the independent auditor 6,317,563 327,738 176,693 45,013
10 To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 6,315,659 309,370 162,155 79,823
11 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities 5,867,362 309,370 524,184 166,091
12 To disapply Section 561(1) of the Companies Act 2006 in relation to certain allotments of equity securities 5,891,215 289,370 510,937 175,485
13 To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006 6,408,361 289,370 152,308 16,968

Enquiries:

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

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