Result of AGM

RNS Number : 7781E

JPMorgan Overseas IT PLC

05 November 2015

 

STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN OVERSEAS INVESTMENT TRUST PLC ("the Company")

RESULTS OF ANNUAL GENERAL MEETING

Following the Annual General Meeting of the Company, which was held earlier 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 sub-divide the existing Ordinary shares of 25 pence each into five New Ordinary shares of 5 pence each;

ii.   will allow the Company to allot shares up to an aggregate nominal amount of £666,812 representing approximately 10% of the Company's issued share capital;

iii.  will allow the Company to disapply pre-emption rights on the allotment of new Ordinary shares or by way of sale of Treasury shares up to an aggregate nominal amount of £666,812, representing 10% of the Company's total Ordinary share capital;  

iv.  will allow the Company to make market purchases of up to 3,998,208 Ordinary shares representing 14.99% of the Company's issued share capital; and,

v.   will allow the Company to amend the Articles of Association.

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 the National Storage Mechanism which can be located at www.morningstar.co.uk/uk/NSM and from the Company's website, www.jpmoverseas.co.uk  

A Summary of proxy votes received will shortly be available on the Company's website, www.jpmoverseas.co.uk.

5th November 2015

For further information, please contact:

Divya Amin

For and on behalf of

JPMorgan Funds Limited - Secretary

020 7742 4000

 

END

 

 

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