AGM Statement

RNS Number : 9298Y

JPMorgan Indian Invest Trust PLC

30 January 2014

 



STOCK EXCHANGE ANNOUNCEMENT

RESULT OF AGM

JPMORGAN INDIAN INVESTMENT TRUST PLC

30th JANUARY 2014

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 £2,572,628 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 15,425,477 Ordinary shares, representing 14.99% of the Company's issued share capital;

iv)        approved the adoption of new articles of association; and

v)         confirmed that the Company will continue in existence as an investment trust company for a further five year period.

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

30th January 2014

For further information, please contact:

Jonathan Latter

For and on behalf of

JPMorgan Asset Management (UK) Limited - Company Secretary

020 7742 4000 

 

END

 

 

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