Baronsmead Second Venture Trust PLC Result of AGM (4926R)

TIDMBMD

RNS Number : 4926R

Baronsmead Second Venture Trust PLC

28 February 2019

Baronsmead Second Venture Trust plc

(the "Company")

Result of AGM

The Company announces that all of the resolutions put to the shareholders at the Company's Annual General Meeting held at Saddlers' Hall, 40 Gutter Lane, London, EC2V 6BR on Thursday 28 February 2019 were duly passed on a show of hands.

Resolutions 1 to 11 were passed as Ordinary Resolutions and Resolutions 12 to 14 were passed as Special Resolutions. The resolutions are set out below:

Resolution 1: That the Report and Accounts for the year ended 30 September 2018 be received.

Resolution 2: That a final dividend price of 4.5 pence per share be declared.

Resolution 3: That the Directors' Remuneration Report for the year ended 30 September 2018 be approved.

Resolution 4: That Anthony Townsend be re-elected as a Director of the Company.

Resolution 5: That John Davies be re-elected as a Director of the Company.

Resolution 6: That Malcolm Groat be re-elected as a Director of the Company.

Resolution 7: That Ian Orrock be re-elected as a Director of the Company.

Resolution 8: That KPMG LLP be re-appointed as the Independent Auditor.

Resolution 9: That the Directors of the Company be authorised to determine the remuneration of the Independent Auditor.

Resolution 10: That the limit set out in article 101 of the articles of association of the Company in relation to Directors' remuneration be increased from GBP150,000 to GBP200,000.

Resolution 11: That the Directors be authorised to allot shares in accordance with section 551 of the Companies Act 2006.

Resolution 12: That the Directors be authorised to disapply pre-emption rights under sections 570 and 573 of the Companies Act 2006.

Resolution 13: That the Company be authorised to make market purchases of its own ordinary shares.

Resolution 14: That general meetings may be called on not less than 14 clear days' notice.

A notice of the resolutions passed will shortly be available via the National Storage Mechanism, which is located at www.morningstar.co.uk/uk/NSM

For further information please contact:

Baronsmead VCT Investor Relations

020 3875 9862

[e-mail]

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February 28, 2019 11:33 ET (16:33 GMT)