Subscription Share Reminder N

RNS Number : 8610H

JPMorgan Asian Investment Tst PLC

01 March 2010

 



LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN ASIAN INVESTMENT TRUST PLC

    SUBSCRIPTION SHARE REMINDER NOTICE

The Board would like to remind Subscription Shareholders that their right to acquire new Ordinary Shares in the Company at 137 pence per Subscription Share will expire on 1 April 2010 when the conversion price of the Subscription Shares will increase to 176 pence. The conversion price will increase again to 203 pence on 1 April 2012. As at the close of business on 26 February 2010, the Company's mid market Ordinary Share price was 183.60 pence and the estimated cum income fully diluted net asset value was 204.88 pence per share.

Shareholders who hold their Subscription Shares in certificated form and wish to convert them before the increase in exercise price must complete and sign the notice of exercise of subscription rights on the reverse of their Subscription Share certificate, and return it to Equiniti Limited, Repayments Team, Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA together with their cheque made payable to 'Equiniti Limited', in good time to arrive by 5.00 pm on 31 March 2010. Instructions received after this date will be subject to the increased conversion price of 176 pence per share.

For Shareholders who hold their Subscription Shares in uncertificated form (i.e. in CREST), the new CREST Participant and Member Account IDs are:

CREST Participant ID                        6RA97

CREST Member Account ID              RA135723

The USE (Unmatched Stock Event) instruction should be input by 11:00am and received by 1:00pm on 31 March 2010 in order to benefit from the conversion price of 137 pence per share. Instructions received after this date will be subject to the increased conversion price of 176 pence per share. The scheduled CREST credit date for any subscription requests received in March will be 1 April 2010.

1 March 2010

Alison Vincent

For and on behalf of JPMorgan Asset Management (UK) Limited, Secretary.

For further information :

Alison Vincent                                           Simon Crinage

JPMorgan Asset Management                     JPMorgan Asset Management

020 7742 6216                                           020 7742 3445

 

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