Annual General Meeting

RNS Number : 3467M

Jupiter Green Investment Trust Plc

15 July 2014

 



Jupiter Green Investment Trust PLC

Annual General Meeting

The Board of Jupiter Green Investment Trust PLC (the "Company") wishes to confirm its policy in relation to two matters which are to be put to Shareholders at the Company's Annual General Meeting which is to be held at 1 Grosvenor Place, London SW1X 7JJ on 31 July 2014.

In relation to resolution 7, which reads as follows:

7. That the Directors of the Company be and they are hereby generally and unconditionally authorised for the purposes of Section 551 of the Companies Act 2006 (the 'Act'), in substitution for and to the exclusion of any existing authority previously conferred on the Directors under Section 551 of the Act, to allot shares in the capital of the Company ('shares') up to a maximum aggregate nominal amount of £86,118 provided that this authority shall expire at the conclusion of the next Annual General Meeting of the Company after the passing of this resolution save that the Company may, before such expiry, make an offer or agreement which would or might require shares to be allotted after such expiry and the Directors may allot shares in pursuance of such an offer or agreement as if the authority hereby conferred had not expired.

The Directors of the Company shall only make use of the authorisation to be granted by this resolution 7 to the extent of approximately 33 per cent of the current issued share Capital of the Company (excluding shares held in treasury), being 8,525,718 shares of 0.1p each.

Similarly, in relation to resolution 8, which reads as follows:

8. That the Directors of the Company be and are hereby granted power pursuant to Section 570 and/or Section 573 of the Companies Act 2006 ('the Act') to allot equity securities (within the meaning of Section 560 of the Act) for cash either pursuant to the authority conferred by Resolution 7 or by way of a sale of treasury shares, as if Section 561(1) of the Act did not apply to any such allotment, provided that this power shall be limited to:

(a)  the allotment of equity securities up to an aggregate nominal amount of £25,836; and

(b)  in addition to the authority referred to in (a) above, in connection with an offer of equity securities by way of a rights issue or open offer to ordinary shareholders in proportion as nearly as may be practicable to their existing holdings subject to such limits or restrictions or other arrangements as the Directors may deem necessary or expedient to deal with any treasury shares, fractional entitlements or securities represented by depositary receipts, record dates, legal, regulatory or practical problems in, or under the laws or requirements of, any territory or the requirements of any regulatory body or stock exchange or any other matter, provided that this authority shall expire at the conclusion of the next Annual General Meeting of the Company after the passing of this resolution save that the Company may, before such expiry, make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of such an offer or agreement as if the authority hereby conferred had not expired.

The Directors of the Company shall only make use of the authorisation to be granted by this resolution 8 to the extent of approximately 10 per cent of the current issued share Capital of the Company (excluding shares held in treasury), being 2,583,551 shares of 0.1p each.

For further information, please contact:

Richard Pavry

Head of Investment Trusts

Jupiter Asset Management Limited, Company Secretary

[e-mail]

020 7314 4822

15 July 2014

www.jupiteronline.com/Green

 

END

 

 

AGMQKPDPCBKKOOD