Northern 3 VCT PLC – Result of AGM

14th September 2011

NORTHERN 3 VCT PLC (“the Company”)




The Company announces that at the annual general meeting held on 14 September 2011 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 Tim Levett and Mr John Waddell.


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


No Resolution For Discretionary Against Vote
1 To receive the financial statements for the year ended 31 March 2011 4,202,810 305,424 10,508 Nil
2 To approve the directors’ remuneration report in respect of the year ended 31 March 2011 3,741,024 318,514 363,922 95,282
3 To re-elect Mr T R Levett as a director 4,110,529 321,364 65,842 21,007
4 To re-elect Mr J M O Waddell as a director 4,095,740 316,455 85,540 21,007
5 To reappoint KPMG Audit Plc as independent auditors 4,054,711 316,455 142,476 5,100
6 To authorise the directors to fix the remuneration of the independent auditors 4,098,570 316,455 98,617 5,100
7 To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 3,910,662 305,424 256,772 45,884
8 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities 3,782,369 317,996 372,493 45,884
9 To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006 4,043,615 305,424 149,303 20,400




Alastair Conn/Christopher Mellor, NVM Private Equity Limited – 0191 244 6000

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Source: Northern 3 VCT PLC via Thomson Reuters ONE