Northern 2 Vct Regulatory News (NTV)

22 May 2008 15:08



22 May 2008

NORTHERN 2 VCT PLC ("The Company")

RESULT OF ANNUAL GENERAL MEETING

The Company announces that at the annual general meeting held on 22 May 2008 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 David Gravells, Mr Michael Denny and Professor Sir Frederick Holliday.

The resolutions included, as special business, that the Company's Articles of Association be amended as set out in the notice of meeting for the purpose of taking account of the Companies Act 2006 provisions so far as they relate to directors' conflicts of interests.

In accordance with the Listing Rules, copies of the resolution proposed and passed as special business have 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:

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

Number	Resolution	For	Discretionary	Against	Abstentions
1	To receive the financial statements for the year ended 31 January 2008	2,493,714	182,487	Nil	Nil
2	To declare a final dividend of 4.0p per share in respect of the year ended 31 January 2008	2,466,405	161,766	48,030	Nil
3	To approve the directors' remuneration report in respect of the year ended 31 January 2008	2,366,113	196,579	41,256	72,253
4	To re-elect Mr D P A Gravells as a director	2,446,570	148,405	49,804	31,422
5	To re-elect Mr E M P Denny as a director	2,455,202	148,405	51,804	20,790
6	To re-elect Professor Sir Frederick Holliday as a director	2,372,826	148,405	122,861	32,109
7	To reappoint KPMG Audit Plc as independent auditors	2,422,014	185,487	57,250	11,450
8	To authorise the directors to fix the remuneration of the independent auditors	2,482,353	185,487	2,000	6,361
9	To authorise the Company to make market purchases of ordinary shares in accordance with Section 166 of the Companies Act 1985	2,466,247	148,405	55,188	6,361
10	To alter the Company's articles of association	2,354,567	196,579	55,763	69,292

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000

Website: www.nvm.co.uk

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