AGM Statement

RNS Number : 0009Q

JPMorgan Fleming Japanese Smllr Cos

27 July 2010

 



LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN FLEMING JAPANESE SMALLER COMPANIES

INVESTMENT TRUST PLC

("THE COMPANY")

ANNUAL GENERAL MEETING 2010

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 of the Ordinary Resolutions put to shareholders were passed.  The following Special Business was also passed which:

i.)         allow the Company to allot new shares up to an aggregate nominal amount of £398,698 representing 10% of the Company's issued share capital;

ii.)        allow the disapplication of pre-emption rights on the allotment of new Ordinary shares;

iii.)       allow the Company to make market purchases of up to 5,913,604 Ordinary shares and 1,058,045 Subscription shares, representing 14.99% of the Company's issued share capital less shares held in Treasury;

iv.)       allow the sale of Ordinary shares previously held in Treasury, up to an aggregate nominal amount of £199,349 representing 5% of the Company's issued share capital; and

v.)        allow the disapplication of pre-emption rights on the sale of Ordinary shares from Treasury.

vi.)       adopted new articles of association; and

vii.)      will change the name of the Company to JPMorgan Japan Smaller Companies Trust plc.

The change of the Company name will become effective on the issue of the certificate of incorporation on change of name by the Registrar of Companies and a further announcement will follow in this respect.

The Special Business which was passed at the Annual General Meeting has been lodged with the UK Listing Authority.  This will be available shortly through the UK Listing Authority's Document Viewing Facility, which can be found at  The  Financial  Services Authority, 25 The North  Colonnade,  Canary  Wharf, London E14 5HS.

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

27th July 2010

For further information, please contact:

Christopher Legg

For and on behalf of

JPMorgan Asset Management (UK) Limited, Secretary

020 7742 6000

 

END

 

 

AGMSEEFEWFSSEIW