Result of AGM

JPMorgan American IT PLC

15 May 2024

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN AMERICAN INVESTMENT TRUST PLC

ANNUAL GENERAL MEETING

Legal Entity Identifier: 549300QNAI4XRPEB4G65

Information disclosed in accordance with LR 9.6.18

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:

i)          to allow the Directors of the Company to exercise all powers of the Company to allot shares in the Company up to an aggregate nominal amount of £917,266, representing approximately 10% of the Company's issued ordinary share capital as at the date of the Annual General Meeting Notice;

ii)         to allow the disapplication of pre-emption rights on the allotment of new ordinary shares up to an aggregate nominal amount of £917,266;

iii)        to allow the Company to make market purchases of ordinary shares up to a maximum number of which is equal to 14.99% of the Company's issued share capital as at the date of the passing of the resolution; and

iv)        to allow a general meeting, other than an Annual General Meeting, to be called on not less than 14 clear days' notice.

v)         to increase the Directors' aggregate annual remuneration cap contained in the Articles of Association of the Company to £325,000.

As previously announced, Dr Kevin Carter retired as Chair of the Company following the meeting and was succeeded by Mr Robert Talbut. Ms Pui Kei Yuen is the Chair of the Risk Committee.

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Financial Statements which is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website, www.jpmamerican.co.uk.  

Shareholders that were unable to attend or ask questions at the AGM can direct any questions to [e-mail]

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

15 May 2024

For further information, please contact:

Priyanka Vijay Anand

For and on behalf of

JPMorgan Funds Limited - Company Secretary

0800 20 40 20 (or [phone])

 

END