Result of AGM

14 Dec 2007 09:32

Northern Venture Trust PLC14 December 2007 14 DECEMBER 2007 NORTHERN VENTURE TRUST PLC RESULT OF ANNUAL GENERAL MEETING Northern Venture Trust PLC (the "Company") announces that at the annual generalmeeting held on 13 December 2007 all of the resolutions set out in the notice ofmeeting were duly passed by shareholders. The resolutions included those to re-elect as directors Mr Michael Denny andMiss Primrose Scott. Details of proxy voting on the resolutions put to shareholders at the annualgeneral meeting are as follows: Number Resolution For Discretionary Against Abstentions 1 To receive the financial 2,589,641 121,816 Nil 5,150 statements for the year ended 30 September 2007 2 To declare a final 2,566,921 124,966 14,420 10,300 dividend of 6.0p per ordinary share 3 To declare a final 2,504,571 174,036 Nil 38,000 dividend of 1.0p per C share 4 To approve the directors' 2,514,398 121,816 30,137 50,256 remuneration report 5 To re-elect Mr E M P Denny 2,555,868 124,816 11,067 24,856 as a director6 To re-elect Miss P S Scott 2,466,298 124,816 100,637 24,856 as a director 7 To reappoint KPMG Audit 2,510,113 122,816 Nil 83,678 Plc as independent auditors 8 To authorise the directors 2,565,715 131,036 Nil 19,856 to fix the remuneration of the independent auditors 9 To authorise the directors 2,534,528 121,816 44,687 15,576 to allot shares pursuant to Section 80 of the Companies Act 1985 10 To disapply Section 89 of 2,517,674 121,816 42,626 34,491 the Companies Act 1985 in relation to certain allotments of equity securities 11 To authorise the Company 2,565,539 121,816 23,976 5,276 to make market purchases of ordinary shares and C shares in accordance with Section 166 of the Companies Act 1985 12 To amend article 61 of the 2,525,650 141,340 35,037 14,580 Company's articles of association For further enquiries please contact the Company Secretary: Christopher Mellor (0191 244 6012) Website: www.nvm.co.uk END This information is provided by RNS The company news service from the London Stock Exchange