Result of EGM

RNS Number : 5082H

JPMorgan Glb Emerging Mkts Inc Tst

20 June 2013

 

JPMORGAN GLOBAL EMERGING MARKETS INCOME TRUST PLC

(THE 'COMPANY')

LONDON STOCK EXCHANGE ANNOUNCEMENT

RESULTS OF GENERAL MEETING

Following a General Meeting of the Company, which was held today, the Board is pleased to announce that all of the Resolutions put to shareholders were passed as follows:

Authority for the Directors to allot up to 67,265,831 new ordinary shares.

Authority for the Directors to disapply pre-emption rights in respect of the allotment of up to 67,265,831 new ordinary shares.

To amend the Company's investment policy by deleting the existing paragraph in the Company's gearing policy and replacing it with the following paragraph:

"The Company has power under its Articles to borrow up to an amount equal to 30 per cent. of its Net Assets at the time of the drawdown, although the Board intends only to utilise borrowings representing up to a maximum of 20 per cent. of Net Assets at the time of drawdown and only on such occasions as the Manager believes that gearing will enhance returns to Shareholders."

The full text of all the resolutions can be found in the Notice of General Meeting contained in the Circular dated 20^th May 2013, 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

20^th June 2013

Enquiries:

James Saunders Watson, J.P. Morgan Asset Management: 020 7742 4000

Jane Lewis, Winterflood Investment Trusts: 020 3100 0295

 

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