Result of AGM

RNS Number : 9469F

JPMorgan Global Growth & Income PLC

31 October 2018

 

STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN GLOBAL GROWTH & INCOME PLC ("the Company")

RESULTS OF ANNUAL GENERAL MEETING

Legal Entity Identifier: 5493007C3I0O5PJKR078

Information disclosed in accordance with LR 9.6.18

Following the Annual General Meeting of the Company, which was held earlier today, the Board is pleased to announce that all the ordinary business put to shareholders was passed. 

The following special business was also passed which:

i.    will allow the maximum aggregate Directors' fees payable to be increased from £150,000 to £200,000 per annum in the Company's Articles of Association with immediate effect;

ii.   will allow the Company to allot shares up to an aggregate nominal amount of £645,006, representing approximately 10% of the Company's issued share capital as at the date of the AGM notice;

iii.  will allow the Company to disapply pre-emption rights on the allotment of new Ordinary shares or by way of sale of Treasury shares up to an aggregate nominal amount of £645,006, representing 10% of the Company's total Ordinary share capital as at the date of the AGM notice; and,

iv.  will allow the Company to make market purchases of up to 19,337,292 Ordinary shares representing 14.99% of the Company's issued share capital as at the date of the AGM notice.

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 the National Storage Mechanism which can be located at www.morningstar.co.uk/uk/NSM and from the Company's website, www.jpmglobalgrowthandincome.co.uk  

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

31st October 2018

For further information, please contact:

Divya Amin

For and on behalf of

JPMorgan Funds Limited - Secretary

020 7742 4000

 

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