Bonus Issue of Subscription Shares

RNS Number : 5143V

JPMorgan Overseas IT PLC

14 January 2013

 



STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN OVERSEAS INVESTMENT TRUST PLC (the "Company")

14 January 2013

Bonus issue of Subscription Shares

A total of 4,806,402 Subscription Shares have been allotted, subject to listing, to Ordinary Shareholders on the register at close of business on 11 January 2013, by way of a bonus issue on the basis of one Subscription Share for every five Ordinary Shares held at that date.

Each Subscription Share will confer the right, but not the obligation, to subscribe for one Ordinary Share upon payment of the relevant Subscription Price. This right may be exercised to have effect on 31 October 2013, 30 April 2014, 31 October 2014, 30 April 2015 or 30 October 2015 after which the Subscription Share Rights will lapse.

Application has been made for the Subscription Shares to be admitted to the Official List and to trading on the main market of the London Stock Exchange and it is expected that dealings in the Subscription Shares will commence at 8.00 a.m. on 15 January 2013. Application has also been made to NZX to quote the Subscription Shares on the NZX Main Board and initial quotation of the Subscription Shares on the NZX Main Board will occur on 16 January 2013 (New Zealand time). It is anticipated that certificates in respect of the Subscription Shares will be sent out in the week commencing 21 January 2013.

Terms used in this announcement shall, unless the context otherwise requires, bear the meaning given to them in the Prospectus dated 5 December 2012.

-ENDS-

Richard Plaskett 020 7742 3422

J.P. Morgan Asset Management

James Moseley               020 3100 0250

Winterflood Investment Trusts

Winterflood Securities Limited, which is authorised and regulated in the UK by the Financial Services Authority, is, through its division Winterflood Investment Trusts, acting for the Company and for no-one else in connection with the contents of this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Winterflood Investment Trusts or for providing advice in relation to the contents of this announcement or any matter referred to herein.

 

END

 

 

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