Result of AGM

RNS Number : 7691X

JPMorgan Smaller Cos IT PLC

28 November 2017

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN SMALLER COMPANIES INVESTMENT TRUST PLC

RESULTS OF ANNUAL GENERAL MEETING

28TH NOVEMBER 2017

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, including a resolution to appoint Ernst & Young LLP as Auditor of the Company in place of the retiring Auditor, Deloitte LLP. 

In addition, the following four items of special business were passed which:

i)          will allow the Company to allot new shares up to an aggregate nominal amount of £212,892, representing approximately 5% of the Company's issued ordinary share capital at the date of Notice of AGM; and,

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

iii)        will allow the Company to make market purchases of up to 2,553,002 ordinary shares, representing 14.99% of the Company's issued share capital.

iv)        will allow the Company to continue in existence as an investment trust for a further three 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 Financial Statements 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.jpmsmallercompanies.co.uk 

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

28th November 2017

For further information, please contact:

Lucy Dina

For and on behalf of

JPMorgan Funds Limited - Secretary

020 7742 4000 

 

END

 

 

RAGFEIFMAFWSEEF