Result of AGM

RNS Number : 7559D

JPMorgan Russian Securities PLC

04 March 2022

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN RUSSIAN SECURITIES PLC

RESULTS OF ANNUAL GENERAL MEETING

Legal Entity Identifier:

549300II3MHI98ZLVH37

Following the Annual General Meeting of the Company, held today, the Board is pleased to announce that all the ordinary business put to shareholders was passed.  The following special business was also passed which:

i) will allow the Company to allot new shares up to an aggregate nominal amount of £20,218, representing 5% of the Company's issued Ordinary share capital;

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

iii)  will allow the Company to make market purchases of up to 6,061,383 Ordinary shares representing 14.99% of the Company's issued share capital;

vi)         allow the Company to continue as an investment trust for a further five years.

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Accounts 2021. This document is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism   and from the Company's website, www.jpmrussian.co.uk.  

A Summary of proxy votes received will shortly be available on the Company's website, www.jpmrussian.co.uk. , a recording of the AGM and a schedule of FAQs answering questions submitted by shareholders in advance of the meeting that we are able to answer will also be made available on the Company's website.

4th March 2022

For further information, please contact:

Paul Winship

For and on behalf of

JPMorgan Funds Limited, Secretary

020 7742 4000

 

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