New Century AIM VCT Plc announced the resignation of Geoffrey Gamble, Chairman, Simon Like, Ian Cameron and Peter Riley from the board of directors (the "Board") with immediate effect. The Board recently received a letter from a shareholder calling for the resignations of the aforementioned directors on the grounds that, following the general meeting of the Company held on 9 December 2021 at which a special resolution to voluntarily wind up the Company was not passed, the Board, with the exception of Michael Barnard, no longer represents the wishes of the majority of the Company's shareholders. Michael Barnard, as the remaining director of the Company, shall appoint new members to the Board in due course.