Result of AGM

RNS Number : 9588C

JPMorgan Asian Investment Tst PLC

13 February 2020

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN ASIAN INVESTMENT TRUST PLC

RESULT OF POLL AT 2020 ANNUAL GENERAL MEETING

Legal Entity Identifier: 5493006R74BNJSJKCB17

Information disclosed in accordance with UKLA Listing Rule 9.6.18

Following the Annual General Meeting of the Company, which was held today, the Board is pleased to announce that all of the ordinary resolutions put to shareholders were voted on by Poll and passed. The following special business was also voted on by poll and passed which:

i)          will allow the Company to continue in existence as an investment trust for a period expiring at the conclusion of the Company's annual general meeting to be held in 2023;

ii)         will allow the Company to allot new shares up to an aggregate nominal amount of £2,352,037 representing 10% of the Company's issued Ordinary share capital;

iii)        will allow the disapplication of pre-emption rights on the allotment of new Ordinary shares;

iv)        will allow the Company to make market purchases of up to 14,102,815 Ordinary shares representing 14.99% of the Company's issued share capital; and

v)         will allow the Company's dividend policy of paying four quarterly interim dividends during the year to continue.

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 from the Company's website, www.jpmasian.co.uk (please note the website will be updated shortly to www.jpmasiagrowthandincome.co.uk to reflect the Company's upcoming change in name).

The full results of the poll conducted at today's meeting will shortly be available on the Company's website.

Pursuant to the Company's Articles of Association, the Board has resolved to change the name of the Company to JPMorgan Asia Growth & Income plc and this change will take effect shortly.

13th February 2020

For further information, please contact:

Alison Vincent

For and on behalf of

JPMorgan Funds Limited, Secretary

020 7742 4000

 

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