DJ – Northern Aim VCT plc Result of AGM

4th March 2010



TIDMNNA

4 March 2010

NORTHERN AIM VCT PLC ("the Company")

RESULT OF ANNUAL GENERAL MEETING

The Company announces that at the annual general meeting held on 3 March 2010
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 Alastair Conn and
Mr James Dawnay.

The resolutions included the following special resolution amending the Company's
constitution:

"That the articles of association of the Company be amended:
a by deleting all the provisions contained in the Company's memorandum
of association (including those relating to the objects of the Company and the
share capital of the Company) which by virtue of Section 28 of the Companies Act
2006 are treated as provisions of the Company's articles of association; and

b by adding a new Article 2A as follows: "The liability of members is
limited to the amount, if any, unpaid on the shares held by them."

In accordance with the Listing Rules, copies of the resolution proposed and
passed which amended the Company's constitution has been submitted to the UK
Listing Authority and will shortly be available for inspection at the UK Listing
Authority's Document Viewing Facility which is situated at:

The Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

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

+------+-------------------------+---------+-------------+-------+-------------+
|Number|Resolution | For|Discretionary|Against|Vote withheld|
+------+-------------------------+---------+-------------+-------+-------------+
|1 |To receive the financial |1,468,545| 57,797| 10,762| 0|
| |statements for the year | | | | |
| |ended 31 October 2010 | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|2 |To declare a final |1,468,545| 57,797| 10,762| 0|
| |dividend of 3.0p per | | | | |
| |share | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|3 |To approve the directors'|1,379,805| 57,797| 85,051| 14,451|
| |remuneration report | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|4 |To re-elect Mr A M Conn |1,453,315| 37,197| 31,823| 14,769|
| |as a director | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|5 |To re-elect Mr C J P |1,443,315| 37,197| 41,823| 14,769|
| |Dawnay as a director | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|6 |To reappoint KPMG Audit |1,448,084| 57,797| 29,723| 1,500|
| |Plc as independent | | | | |
| |auditors | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|7 |To authorise the |1,454,195| 57,797| 23,612| 1,500|
| |directors to fix the | | | | |
| |remuneration of the | | | | |
| |independent auditors | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|8 |To authorise the |1,448,341| 57,797| 25,112| 5,854|
| |directors to allot shares| | | | |
| |pursuant to Section 551 | | | | |
| |of the Companies Act 2006| | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|9 |To disapply Section 561 |1,438,241| 57,797| 35,212| 5,854|
| |of the Companies Act | | | | |
| |2006 in relation to | | | | |
| |certain allotments of | | | | |
| |equity securities and the| | | | |
| |sale of treasury shares | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|10 |To authorise the Company |1,423,817| 37,797| 75,490| 0|
| |to make market purchases | | | | |
| |of ordinary shares and C | | | | |
| |shares in accordance with| | | | |
| |Section 694 of the | | | | |
| |Companies Act 2006 | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|11 |To amend the articles of |1,437,341| 60,797| 23,612| 15,354|
| |association by removing | | | | |
| |provisions formerly | | | | |
| |contained in the | | | | |
| |Company's memorandum of | | | | |
| |association and | | | | |
| |introducing a new Article| | | | |
| |specifying the limited | | | | |
| |liability of members | | | | |
+------+-------------------------+---------+-------------+-------+-------------+

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website: www.nvm.co.uk <https://nvm.co.uk/>



[HUG#1390989]

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March 04, 2010 07:38 ET (12:38 GMT)