Conversion of Securities

RNS Number : 5383N

JPMorgan Emerging Mkts Invest Trust

28 July 2014

 



LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN EMERGING MARKETS INVESTMENT TRUST PLC

Subscription Shares - Notice of suspension

The last date on which holders of Subscription Shares in JPMorgan Emerging Markets Investment Trust plc (the 'Company') may exercise their Subscription Share Rights is 31st July 2014 (the 'Final Exercise Date').

To the extent holders of Subscription Shares have not elected to exercise their Subscription Share Rights by the Final Exercise Date, a trustee will be appointed over the outstanding Subscription Shares. In accordance with the Subscription Share terms, the trustee will decide whether or not to exercise the outstanding Subscription Share Rights within 14 days of the Final Exercise Date, such period expiring at the latest at close of business on 14th August 2014.

To the extent not exercised by the trustee, the Subscription Share Rights will lapse at close of business on 14th August 2014 and all outstanding Subscription Shares will be converted immediately into Deferred Shares and automatically repurchased by the Company for a nominal amount and cancelled. The Company shall not be obliged to issue share certificates to shareholders in respect of the Deferred Shares or account to any holder of Deferred Shares for the repurchase moneys in respect of such Deferred Shares.

The Company has requested that the UK Listing Authority suspend the listing of the Subscription Shares from 7.30 a.m. on 1st August 2014, following the passing of the Final Exercise Date, and that the listing of the Subscription Shares be cancelled in due course. 

28th July 2014

Enquiries:

Jonathan Latter

JPMorgan Funds Limited - Company Secretary

020 7742 4000 

 

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