BARONSMEAD SECOND VENTURE TRUST PLC

AGM Information • Feb 16, 2021

National Storage Mechanism | Additional information

RNS Number : 3062P

Baronsmead Second Venture Trust PLC

16 February 2021

Baronsmead Second Venture Trust Plc

("BSVT" or the "Company")

Result of Annual General Meeting

BSVT is pleased to announce that, at the Annual General Meeting held today, all resolutions were passed on a poll, including the following resolutions:

Resolution 9 (ordinary resolution): To authorise the Directors to allot shares pursuant to section 551 of the Companies Act 2006.

Resolution 10 (special resolution): To authorise the Directors to allot shares for cash pursuant to sections 570 and 573 of the Companies Act 2006 otherwise than in accordance with statutory pre-emption rights.

Resolution 11 (special resolution): To authorise the Directors to make market purchases of the Company's own shares.

Resolution 12 (special resolution): To authorise the Directors to convene a general meeting on not less than 14 clear days' notice.

The results of the poll for each resolution were as follows:

Resolutions	Votes For	For (%)	Votes Against	Against (%)	Votes Withheld	Total Votes	% of Issued Share Capital voted
Resolution 1 To receive and adopt the accounts for the year ended 30 September 2020	17,170,699	99.33	115,773	0.67	63,351	17,286,472	6.31%
Resolution 2 To declare a final dividend of 3.5 pence per share	17,329,633	99.94	10,553	0.06	9,637	17,340,186	6.33%
Resolution 3 To approve Directors' Remuneration Report for the year ended 30 September 2020	15,571,292	92.44	1,273,195	7.56	502,493	16,844,487	6.15%
Resolution 4 Re-election of Sarah Fromson	16,741,814	98.55	246,506	1.45	361,503	16,988,320	6.20%
Resolution 5 Re-election of Malcolm Groat	16,739,630	98.88	189,869	1.12	417,112	16,929,499	6.18%
Resolution 6 to elect Tim Farazmand	16,525,183	97.44	433,715	2.56	390,925	16,958,898	6.19%
Resolution 7 Re-appointment of KPMG LLP as Auditor	16,391,843	95.60	754,904	4.40	188,172	17,146,747	6.26%
Resolution 8 Authorise Audit Committee to determine auditor remuneration	16,894,095	98.31	291,044	1.69	164,684	17,185,139	6.27%
Resolution 9 Authority to allot shares	16,979,542	98.37	280,660	1.63	75,254	17,260,202	6.30%
Resolution 10 Disapplication of pre-emption rights	16,199,963	95.49	764,901	4.51	370,592	16,964,864	6.19%
Resolution 11 Market purchases of own shares	17,195,700	99.46	93,849	0.54	60,274	17,289,549	6.31%
Resolution 12 General meeting called on not less than 14 clear days' notice	16,203,717	93.86	1,060,390	6.14	50,900	17,264,107	6.30%

A copy of the full text of resolutions 11 to 12 will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information please contact:

Baronsmead VCT Investor Relations

020 3875 9862

baronsmeadvcts@greshamhouse.com

LEI 2138008D3WUMF6TW8C28

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