AGM Statement

RNS Number : 0968E

JPMorgan Indian Invest Trust PLC

06 February 2018

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

RESULT OF AGM

JPMORGAN INDIAN INVESTMENT TRUST PLC

6th February 2018

Legal Entity Identifier: 549300OHW8R1C2WBYK02

Information disclosed in accordance with UKLA Listing Rule 9.6.18

Following the Annual General Meeting of the Company, which was held today, the Board is pleased to announce that all of the Ordinary Resolutions put to shareholders were passed.  In addition, the following items of Special Business were passed which:

i)          allow the Company to allot new Ordinary shares up to an aggregate nominal amount of £2,632,190 representing approximately 10% of the Company's issued Ordinary share capital;

ii)         allow the Company to disapply pre-emption rights on allotment of new Ordinary shares;

iii)        allow the Company to make market purchases of up to 15,782,613 Ordinary shares, representing 14.99% of the Company's issued share capital; and

iv)        increased the maximum aggregate fees payable to Directors to £200,000 per annum.

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.jpmindian.co.uk 

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

6th February 2018

For further information, please contact:

Jonathan Latter

For and on behalf of

JPMorgan Funds Limited - Company Secretary

020 7742 4000 

 

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