AGM Statement

RNS Number : 6572D

JPMorgan US Smaller Co. IT

30 April 2013

 



LONDON STOCK EXCHANGE ANNOUNCEMENT

AGM STATEMENT

JPMORGAN US SMALLER COMPANIES INVESTMENT TRUST PLC

30th APRIL 2013

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, five items of Special Business were passed which:

i)          allow the Directors of the Company to exercise all powers of the Company to allot shares in the Company up to an aggregate nominal amount of £129,091 representing approximately 10% of the Company's issued ordinary share capital as at the date of the passing of the resolution;

ii)         allow the disapplication of pre-emption rights on the allotment of new ordinary shares up to an aggregate nominal amount of £129,091;

iii)        allow the Company to make market purchases of up to 774,027 ordinary shares, representing 14.99% of the Company's issued share capital;

iv)        allow the amendment of the Company's Articles of Association to permit the distribution of capital profits; and

v)         allow the payment of a final dividend of 9.1 pence per share on 7th May 2013.

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.jpmussmallercompanies.co.uk 

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

30th April 2013

For further information, please contact:

Lucy Dina

For and on behalf of

JPMorgan Asset Management (UK) Limited - Company Secretary

020 7742 4000

 

END

 

 

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