AGM Statement

RNS Number : 0463M

JPMorgan Indian Invest Trust PLC

21 January 2009

 

STOCK EXCHANGE ANNOUNCEMENT

 

AGM STATEMENT

 

JPMORGAN INDIAN INVESTMENT TRUST PLC

 

21st January 2009

 

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, three items of special business were passed which:

 

i)                    will allow the Company to allot relevant securities up to an aggregate nominal amount of £2,625,290 or, if less, 10% of the ordinary share capital in issue; and

 

ii)                  will allow the Company to disapply pre-emption rights provided that this power shall be limited to the allotment for cash up to an aggregate nominal amount of £2,625,290, representing approximately 10% of the Company’s total ordinary share capital in issue at the date of the resolution; and

 

iii)                will allow the Company to make market purchases of up to 15,741,239  ordinary shares or 3,148,190 subscription shares, or if less, that number of ordinary shares or subscription shares which is equal to 14.99% of the Company’s issued share capital.

 

21st January 2009

 

For further information, please contact:

 

Andrew Norman

 

For and on behalf of

JPMorgan Asset Management (UK) Limited - Company Secretary

020 7742 6000

 

 

END

 

 

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