Result of AGM

 
TIDMNNA 
 
11 MARCH 2011 
 
NORTHERN AIM VCT PLC ("the Company") 
 
RESULT OF ANNUAL GENERAL MEETING 
 
The Company announces that at the annual general meeting held on 11 March 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 Alastair Conn and Mr 
John Moxon. 
 
The resolutions included the following ordinary resolution in respect of the 
continuation of the Company: 
 
"That the company should continue as a venture capital trust until the annual 
general meeting of the company held in 2016." 
 
The resolutions included the following special resolution to adopt new Articles 
of Association: 
 
"That the articles of association, in the form produced to the meeting and 
signed by the chairman of the meeting for the purposes of identification, be 
adopted as the articles of association of the company in substitution for and to 
the exclusion of the existing articles of association." 
 
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 |2,473,619|      103,618| 27,884|            0| 
|      |statements for the year  |         |             |       |             | 
|      |ended 31 October 2010    |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|2     |To declare a final       |2,476,619|      103,618| 24,884|            0| 
|      |dividend of 3.0p per     |         |             |       |             | 
|      |share                    |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|3     |To approve the directors'|2,367,548|      107,190| 87,017|       43,366| 
|      |remuneration report      |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|4     |To re-elect Mr A M Conn  |2,388,979|      107,190|103,952|        5,000| 
|      |as a director            |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|5     |To re-elect Mr J W J     |2,339,964|      107,190|148,464|        9,503| 
|      |Moxon as a director      |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|6     |To reappoint KPMG Audit  |2,429,512|      107,190| 33,995|       34,424| 
|      |Plc as independent       |         |             |       |             | 
|      |auditors                 |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|7     |To authorise the         |2,428,047|      133,190| 27,884|       16,000| 
|      |directors to fix the     |         |             |       |             | 
|      |remuneration of the      |         |             |       |             | 
|      |independent auditors     |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|8     |To authorise the         |2,262,039|      114,695|212,387|       16,000| 
|      |directors to allot shares|         |             |       |             | 
|      |pursuant to Section 551  |         |             |       |             | 
|      |of the Companies Act 2006|         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|9     |To disapply Section 561  |2,221,439|      130,695|252,987|            0| 
|      |of the Companies Act     |         |             |       |             | 
|      |2006 in relation to      |         |             |       |             | 
|      |certain allotments of    |         |             |       |             | 
|      |equity securities and the|         |             |       |             | 
|      |sale of treasury shares  |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|10    |To authorise the Company |2,406,151|      103,618| 95,352|            0| 
|      |to make market purchases |         |             |       |             | 
|      |of ordinary shares in    |         |             |       |             | 
|      |accordance with Section  |         |             |       |             | 
|      |701 of the Companies Act |         |             |       |             | 
|      |2006                     |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|11    |To authorise the company |2,176,814|       93,618|285,689|       49,000| 
|      |to continue as a venture |         |             |       |             | 
|      |capital trust until the  |         |             |       |             | 
|      |annual general meeting of|         |             |       |             | 
|      |the company held in 2016 |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
|12    |To adopt new articles of |2,395,939|      128,667| 59,515|       21,000| 
|      |association              |         |             |       |             | 
+------+-------------------------+---------+-------------+-------+-------------+ 
 
Enquiries: 
 
Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000 
Website: www.nvm.co.uk 
 
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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Source: Northern AIM VCT PLC via Thomson Reuters ONE 
 
[HUG#1496449]