AGM Statement

RNS Number : 7972D

JPMorgan American IT PLC

01 May 2013

 



STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN AMERICAN INVESTMENT TRUST PLC

ANNUAL GENERAL MEETING

The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed, including the following items of Special Business which:

1) will allow the Company to allot new ordinary shares up to an aggregate nominal amount of £1,268,570;

2) will disapply pre-emption rights on the allotment of such new ordinary shares;

,

3) will allow the Company to make market purchases of up to 7,568,689, ordinary shares representing 14.99% of the Company's issued share capital;

4) amended the Company's Articles of Association to permit the distribution of capital profits; and

5) increased the maximum aggregate Directors' fees payable from £175,000 to £225,000 per annum with immediate effect.

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Accounts which is available for viewing at the National Storage Mechanism which can be located at www.morningstar.co.uk/uk/NSM  and on the Company's website, www.jpmamerican.co.uk   

A summary of proxy votes received will shortly be available on the Company's website, www.jpmamerican.co.uk   

1^st May 2013

For further information, please contact:

Alison Vincent

For and on behalf of

JPMorgan Asset Management (UK) Limited - Secretary

020 7742 4000

 

END

 

 

AGMSSSFIFFDSELI