Northern Venture Trust PLC.
Result of AGM
14 DECEMBER 2012
NORTHERN VENTURE TRUST PLC
RESULT OF ANNUAL GENERAL MEETING
Northern Venture Trust PLC ("the Company") announces that at the annual general meeting held on 14 December 2012 all of the resolutions set out in the notice of meeting were duly passed by shareholders.
The resolutions included the re-election as directors of Mr Nigel Beer, Mr Simon Constantine, Mr John Hustler and Mr Hugh Younger. Further to the announcement on 8 November 2012, Mr Michael Denny and Mr Ross Peters retired from the board at the conclusion of the annual general meeting.
Details of proxy voting on the resolutions put to shareholders at the annual general meeting are as follows:
|1||To receive the annual accounts and financial statements for the year ended 30 September 2012 and the directors' and independent auditors' reports thereon||8,457,053||218,000||5,000||0|
|2||To declare a final dividend of 3.0p per share in respect of the year ended 30 September 2012||8,480,053||200,000||0||0|
|3||To approve the Directors' remuneration report in respect of the year ended 30 September 2012||8,050,427||277,285||160,274||192,067|
|4||To re-elect as a director Mr N J Beer||8,341,706||276,065||33,233||29,049|
|5||To re-elect as a director Mr S J Constantine||8,377,521||235,260||29,688||37,584|
|6||To re-elect as a director Mr J R Hustler||8,302,455||292,623||45,926||39,049|
|7||To re-elect as a director Mr H P Younger||8,329,187||276,065||45,752||29,049|
|8||To re-appoint KPMG Audit Plc as independent auditor of the Company||8,112,274||265,966||232,944||68,869|
|9||To authorise the Directors to fix the remuneration of the independent auditor||8,351,398||267,966||28,157||32,532|
|10||To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006||8,227,272||302,832||88,559||61,390|
|11||To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares||8,075,169||288,442||179,743||136,699|
|12||To authorise the Company to make market purchases shares in accordance with Section 701 of the Companies Act 2006||8,201,153||267,966||175,427||35,507|
Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Neither the contents of the NVM Private Equity Limited website nor the contents of any website accessible from hyperlinks on the NVM Private Equity Limited website (or any other website) is incorporated into, or forms part of, this announcement.
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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Northern Venture Trust PLC via Thomson Reuters ONE