Northern Venture Tst Result Of Agm

 
TIDMNVT 
 
 
   16 DECEMBER 2016 
 
   NORTHERN VENTURE TRUST PLC 
 
   RESULT OF ANNUAL GENERAL MEETING 
 
   Northern Venture Trust PLC ("the Company") announces that at the annual 
general meeting held on 15 December 2016 all of the resolutions set out 
in the notice of meeting were duly passed by shareholders. 
 
   The resolutions included the re-election as a director of Mr Tim Levett 
and the approval of a revised statement of the Company's investment 
policy. 
 
   In accordance with the Disclosure Rules and Transparency Rules, a copy 
of the resolutions proposed and passed has been submitted to the 
National Storage Mechanism and will shortly be available for inspection 
at www.morningstar.co.uk/uk/NSM and is also available on the NVM Private 
Equity website at: www.nvm.co.uk/nvtagm2016. 
 
   Details of proxy voting on the resolutions put to shareholders at the 
annual general meeting are as follows: 
 
 
 
 
                                                                                                            Vote 
Number  Resolution                                                         For  Discretionary  Against  withheld 
        To receive and approve the annual accounts and financial 
         statements for the year ended 30 September 2016 together 
         with the directors' and independent auditor's reports 
1        thereon                                                    10,740,009        117,934        0     5,168 
        To declare and approve a final dividend of 3.0p per 
2        share in respect of the year ended 30 September 2016       10,723,702         98,410   22,970    18,029 
        To approve the Directors' remuneration report in respect 
         of the year ended 30 September 2016 other than the 
         part of such report containing the directors remuneration 
3        policy                                                     10,241,580        153,251  131,264   337,016 
        To approve the Directors' remuneration policy contained 
         in the Directors' remuneration report for the year 
4        ended 30 September 2016                                    10,025,641        169,308  138,543   529,619 
5       To re-elect as a director Mr T R Levett                     10,247,891        117,118  345,933   152,169 
6       To appoint KPMG LLP as independent auditor of the           10,512,307        134,810   96,823   119,171 
         Company 
7       To authorise the audit committee to fix the remuneration    10,626,936        120,468   30,648    85,059 
         of the independent auditor 
8       To authorise the Directors to allot shares pursuant         10,636,362        119,810   90,233    16,706 
         to Section 551 of the Companies Act 2006 
9       To disapply Section 561 of the Companies Act 2006           10,509,692        114,810  163,838    74,771 
         in relation to certain allotments of equity securities 
         and the sale of treasury shares 
10      To authorise the Company to make market purchases           10,519,551        134,334  178,948    30,278 
         of shares in accordance with Section 701 of the Companies 
         Act 2006 
11      To approve the revised statement of the Company's           10,612,753        134,380   28,392    87,586 
         investment policy 
 
 
   Enquiries: 
 
   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. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Northern Venture Trust PLC via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

December 16, 2016 05:30 ET (10:30 GMT)

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