Result of AGM

11 JULY 2019

NORTHERN 2 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 2 VCT PLC (“the Company”) announces that at the annual general meeting held on 11 July 2019 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 A M Conn, Mr D P A Gravells, Mr F L G Neale, Mr S P Devonshire and Miss C A McAnulty.

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

Number	Resolution	For	No preference	Against	Vote withheld
1	To receive and approve the financial statements for the year ended 31 March 2019	11,076,931	386,003	18,107	44,341
2	To approve and declare a final dividend of 2.0p per share in respect of the year ended 31 March 2019	11,148,229	329,748	36,511	10,894
3	To approve the Directors’ remuneration report in respect of the year ended 31 March 2019 other than the part of such report containing the directors’ remuneration policy	10,190,352	433,577	454,547	446,906
4	To re-elect Mr A M Conn as a director	10,769,431	416,602	240,909	98,440
5	To re-elect Mr D P A Gravells as a director	10,866,870	416,602	112,817	129,093
6	To re-elect Mr F L G Neale as a director	10,788,691	416,602	221,649	98,440
7	To re-elect Mr S P Devonshire	10,781,689	416,602	195,850	131,241
8	To re-elect Miss C A McAnulty as a director	10,815,420	403,858	182,788	123,316
9	To re-appoint KPMG LLP as independent auditor	10,136,892	388,615	773,527	226,348
10	To authorise the audit committee to fix the remuneration of the independent auditor	10,912,122	405,087	158,203	49,970
11	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	11,008,422	386,003	49,484	81,473
12	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	10,119,718	364,424	672,932	368,308
13	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	10,898,416	364,424	221,350	41,192

Enquiries:

Simon John/James Bryce, NVM Private Equity LLP - 0191 244 6000
Website:  www.nvm.co.uk

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