Result of AGM

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:

Number	Resolution	For	Discretionary	Against	Vote withheld
1	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 thereon	10,740,009	117,934	0	5,168
2	To declare and approve a final dividend of 3.0p per share in respect of the year ended 30 September 2016	10,723,702	98,410	22,970	18,029
3	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 policy	10,241,580	153,251	131,264	337,016
4	To approve the Directors' remuneration policy contained in the Directors' remuneration report for the year 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 Company	10,512,307	134,810	96,823	119,171
7	To authorise the audit committee to fix the remuneration of the independent auditor	10,626,936	120,468	30,648	85,059
8	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	10,636,362	119,810	90,233	16,706
9	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	10,509,692	114,810	163,838	74,771
10	To authorise the Company to make market purchases of shares in accordance with Section 701 of the Companies Act 2006	10,519,551	134,334	178,948	30,278
11	To approve the revised statement of the Company's investment policy	10,612,753	134,380	28,392	87,586

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.

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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