JPMorgan Global Emerging Markets Income Trust plc
Publication of Circular to convene a General Meeting
Further to the announcement made by the Company on 18 October 2010, in which the Company stated its intention to convene a general meeting to propose resolutions to seek further authorities to allot new Ordinary shares and disapply pre-emption rights in respect of the issue of such new shares, the Company is pleased to announce that a Circular is today being posted to shareholders.
The Circular sets out the Company's intention to call a General Meeting of Shareholders to be held at Finsbury Dials, 20 Finsbury Street, London EC2Y 9AQ at 2.00 p.m. on 18 November 2010 to consider and, if thought fit, approve a special resolution empowering the Directors to disapply pre-emption rights in respect of the allotment of equity securities up to an amount equal to approximately 10 per cent. of the issued share capital of the Company . Any authority granted to the Directors will expire at the conclusion of the next Annual General Meeting of the Company.
The Circular also contains proposals for consideration at the General Meeting to allow general meetings to be held on 14 days' notice.
The Company expects to publish a prospectus shortly after the General Meeting in order to obtain Admission to the Official List of any Ordinary Shares issued pursuant to the authority being sought at the General Meeting.
Expected Timetable
Latest time and date for receipt of Voting Instruction Forms from Plan Participants |
2.00 p.m. on 11 November 2010 |
Latest time and date for receipt of Forms of Proxy |
2.00 p.m. on 16 November 2010 |
General Meeting to approve the Proposal |
2.00 p.m. on 18 November 2010 |
Capitalised terms in this announcement have the meanings attributed to them in the Circular.
Copies of the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do
The Circular will also shortly be available on the Company's website at www.jpmglobalemergingmarkets.co.uk
22 October 2010
Enquiries:
James Saunders Watson, JPMorgan Asset Management: 020 7742 8504
Robert Peel, Winterflood Investment Trusts: 020 3100 0291