BARONSMEAD SECOND VENTURE TRUST PLC

AGM Information • Mar 6, 2024

National Storage Mechanism | Additional information

RNS Number : 8671F

Baronsmead Second Venture Trust PLC

06 March 2024

6 March 2024

Baronsmead Second Venture Trust Plc

("BSVT" or the "Company")

Result of the 2024 Annual General Meeting

BSVT is pleased to announce that, at the Annual General Meeting held yesterday, 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, other than annual general meetings, 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 2023	8,007,012	99.53	37,569	0.47	24,830	8,044,581	1.96
Resolution 2 To declare a final dividend of 2.25 pence per share	8,044,486	99.69	24,925	0.31	0	8,069,411	1.97
Resolution 3 To receive and approve the Directors' Remuneration Report for the year ended 30 September 2023	7,394,711	93.68	498,495	6.32	176,205	7,893,206	1.93
Resolution 4 To re-elect Sarah Fromson as a Director	7,770,469	96.87	251,401	3.13	47,541	8,021,870	1.96
Resolution 5 To re-elect Malcolm Groat as a Director	7,731,533	96.15	309,645	3.85	28,233	8,041,178	1.96
Resolution 6 To re-elect Tim Farazmand as a Director	7,779,486	96.75	261,692	3.25	28,233	8,041,178	1.96
Resolution 7 To re-elect Graham McDonald as a Director	7,759,400	96.50	281,778	3.50	28,233	8,041,178	1.96
Resolution 8 To re-appoint BDO LLP as independent Auditor	7,558,933	94.99	398,354	5.01	112,124	7,957,287	1.94
Resolution 9 To authorise the Audit & Risk Committee to determine the remuneration of the independent Auditor	7,879,278	98.36	131,209	1.64	58,924	8,010,487	1.96
Resolution 10 To authorise the Directors to allot ordinary shares	7,871,583	98.22	142,421	1.78	55,407	8,014,004	1.96
Resolution 11 To authorise the Directors to disapply pre-emption rights	7,467,794	93.43	525,176	6.57	76,441	7,992,970	1.95
Resolution 12 To approve the purchase of the Company's own shares	7,859,515	97.52	199,586	2.48	10,310	8,059,101	1.97
Resolution 13 General meeting called on not less than 14 clear days' notice	7,458,476	92.55	600,625	7.45	10,310	8,059,101	1.97

* Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution.

A copy of the full text of resolutions 10 to 13 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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