AGM Statement

RNS Number : 0810P

JPMorgan Eur Fldglng Inv Trust PLC

08 July 2010

 



STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN EUROPEAN FLEDGELING

INVESTMENT TRUST PLC

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. In addition, four Special Resolutions were passed which:

i)          allow the disapplication of pre-emption rights on the allotment of new ordinary shares;

ii)         allow the Company to make market purchases of up to 6,849,641 ordinary shares, representing 14.99% of the Company's issued share capital;

iii)        adopted new articles of association; and

iv)        changed the name of the Company to JPMorgan European Smaller Companies Trust plc.

Following feedback received from a number of the Company's shareholders, the special resolutions in relation to the re-issue of Treasury Shares and the disapplication of pre-emption rights on the re-issue of Treasury shares were withdrawn.

The special resolutions, which were passed at the Annual General Meeting, have been lodged with the UK Listing Authority.  These 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.jpmeuropeansmallercompanies.co.uk

8th July 2010

For further information, please contact:

Jonathan Latter

For and on behalf of

JPMorgan Asset Management (UK) Limited, Secretary

020 7742 6000

 

END

 

 

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