Result of AGM

17 JULY 2014

NORTHERN 3 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 3 VCT PLC ("the Company") announces that at the annual general meeting held on 16 July 2014 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 John Waddell and Mr Tim Levett. 

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

No	Resolution	For	Discretionary	Against	Vote withheld
1	To receive the financial statements for the year ended 31 March 2014	7,003,742	254,261	7,933	0
2	To approve a final dividend of 3.5p per share in respect of the year ended 31 March 2014	6,995,548	254,776	15,612	0
3	To approve the directors' remuneration report in respect of the year ended 31 March 2014	6,556,020	248,776	272,765	188,375
4	To approve the directors' remuneration policy contained in the directors' remuneration report for the year ended 31 March 2014	6,548,554	248,776	272,765	195,841
5	To re-elect Mr T R Levett as a director	6,795,114	254,664	134,959	81,199
6	To re-elect Mr J M O Waddell as a director	6,842,942	254,664	121,641	46,689
7	To re-appoint KPMG LLP as independent auditor	6,792,957	283,286	133,947	55,746
8	To authorise the directors to fix the remuneration of the independent auditor	6,887,364	251,649	96,804	30,119
9	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	6,844,843	254,042	101,419	65,632
10	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities	6,539,825	258,044	387,291	80,776
11	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	6,876,713	248,776	112,245	28,202
12	To amend the articles of association of the Company	6,892,729	279,483	147,888	145,836

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 3 VCT PLC via Globenewswire

HUG#1828710