AGM Statement

RNS Number : 2051K

JPMorgan Claverhouse IT PLC

14 April 2010

 



LONDON STOCK EXCHANGE ANNOUNCEMENT

AGM STATEMENT

JPMORGAN CLAVERHOUSE INVESTMENT TRUST PLC

14th APRIL 2010

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 passed.  In addition, five items of special business were passed which:

i)          increase the Chairman's fees to £30,000 per annum with effect from 1st January 2010;

ii)         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 £709,571 representing approximately 5% of the Company's issued ordinary share capital as at the date of the passing of the resolution;

iii)        allow the disapplication of pre-emption rights on the allotment of new ordinary shares up to an aggregate nominal amount of £709,571;

iv)        allow the Company to make market purchases of up to 8,402,532 ordinary shares, representing 14.99% of the Company's issued share capital; and

v)         approved the adoption of new articles of association.

14th April 2010

For further information, please contact:

Jonathan Latter

For and on behalf of

JPMorgan Asset Management (UK) Limited - Company Secretary

020 7742 6000

 

END

 

 

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