BARONSMEAD SECOND VENTURE TRUST PLC

AGM Information • Feb 16, 2022

National Storage Mechanism | Additional information

RNS Number : 9150B

Baronsmead Second Venture Trust PLC

16 February 2022

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

Resolution 11 (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 12 (special resolution): To authorise the Directors to make market purchases of the Company's own shares.

Resolution 13 (special resolution): To authorise the Directors to convene a general meeting on not less than 14 clear days' notice.

Resolution 14 (special resolution): To approve the amended Articles of Association.

Resolution 15 (Special resolution): To cancel the Company's share premium account.

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 2021	19,335,313	99.93	13,138	0.07	93,527	19,348,451	6.29
Resolution 2 To declare a final dividend of 3.5 pence per share	19,426,766	99.92	15,212	0.08	0	19,441,978	6.32
Resolution 3 To approve Directors' Remuneration Report for the year ended 30 September 2021	17,819,304	93.34	1,272,072	6.66	350,602	19,091,376	6.20
Resolution 4 Re-election of Sarah Fromson	18,732,162	97.93	395,152	2.07	314,664	19,127,314	6.21
Resolution 5 Re-election of Malcolm Groat	18,825,663	98.57	273,692	1.43	342,623	19,099,355	6.20
Resolution 6 to elect Tim Farazmand	18,797,199	98.48	290,487	1.52	354,292	19,087,686	6.20
Resolution 7 To elect Graham Mcdonald	18,815,130	98.72	243,206	1.28	383,642	19,058,336	6.19
Resolution 8 To appoint BDO as the Auditor	18,221,803	98.95	193,934	1.05	1,026,241	18,415,737	5.98
Resolution 9 Authorise Audit Committee to determine auditor remuneration	19,228,422	99.59	79,939	0.41	133,617	19,308,361	6.27
Resolution 10 Authority to allot shares	19,169,787	99.06	181,829	0.94	90,362	19,351,616	6.29
Resolution 11 Disapplication of pre-emption rights	18,446,996	96.07	755,101	3.93	221,876	19,202,097	6.24
Resolution 12 Market purchases of own shares	19,070,725	98.69	253,393	1.31	127,267	19,324,118	6.28
Resolution 13 General meeting called on not less than 14 clear days' notice	18,278,579	94.27	1,110,113	5.73	53,286	19,338,692	6.30
Resolution 14  Amendment of Articles of Association	18,684,895	97.66	447,249	2.34	309,834	19,132,144	6.22
Resolution 15 Cancellation of share premium account	18,180,116	98.19	335,094	1.81	908,157	18,515,210	6.02

A copy of the full text of resolutions 11 to 15 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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