Result of AGM

RNS Number : 7283R

JPMorgan Glb Emerging Mkts Inc Tst

21 November 2012

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN GLOBAL EMERGING MARKETS INCOME TRUST PLC

ANNUAL GENERAL MEETING 2012

RESULTS OF ANNUAL GENERAL MEETING

Following the Annual General Meeting of the Company, which was held today, the Board is pleased to announce that all the ordinary business put to shareholders was passed.  In addition, three items of special business were passed which:

i.)         will allow the Company to make market purchases of up to 26,212,928 Ordinary shares representing 14.99% of the Company's issued share capital.

ii.)        will allow the Company to allot new shares up to an aggregate nominal amount of £558,508, representing 30% of the Company's issued Ordinary share capital; and

iii.)       will allow the disapplication of pre-emption rights on the allotment of new Ordinary shares and by way of a sale of Treasury shares.

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

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

The Board is pleased to announce that Omar Negyal has been appointed as Deputy Portfolio Manager of the Company with immediate effect.  Mr Negyal has 14 years' experience in Emerging Markets.

21^st November 2012

For further information, please contact:

Jonathan Latter

For and on behalf of

JPMorgan Asset Management (UK) Limited, Secretary

020 7742 6000

 

END

 

 

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