AGM Statement

RNS Number : 2694W

JPMorgan US Smaller Co. IT

25 April 2016

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

AGM STATEMENT

JPMORGAN US SMALLER COMPANIES INVESTMENT TRUST PLC

25th APRIL 2016

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 also passed which:

i)          allow the Company to allot shares up to an aggregate nominal amount of £284,854 representing approximately 20% of the Company's issued share capital;

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

iii)        allow the Company to make market purchases of up to 8,275,368 ordinary shares, representing 14.99% of the Company's issued share capital; and

iv)        authorises the increase in the maximum aggregate fees paid to Directors from £150,000 to £200,000.

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

25th April 2016

For further information, please contact:

Lucy Dina

For and on behalf of

JPMorgan Funds Limited, Secretary

020 7742 4000

 

END

 

 

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