Result of Meeting

8 JANUARY 2020

NORTHERN VENTURE TRUST PLC

RESULT OF GENERAL MEETING

Northern Venture Trust PLC (“the Company”) announces that at a general meeting held on 7 January 2020 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

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

Number	Resolution	For	No preference	Against	Vote withheld
1	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	12,692,425	177,370	367,417	60,428
2	To disapply Section 561 of the Companies Act 2006 in relation to allotments of equity securities for the purposes of the Offer	12,542,331	205,842	489,039	60,428
3	To amend the articles of association to extend the life of the Company	12,865,826	168,849	256,173	6,792
4	To approve the cancellation of the share premium account arising on the issue of Ordinary Shares pursuant to the Offer	12,568,823	177,370	491,019	60,428

Enquiries:

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

Martin Glanfield, Chief Financial Officer Mercia Asset Management PLC - 0330 223 1430
Website: www.mercia.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.