RNS Number : 5126H
JPMorgan Overseas IT PLC
05 November 2008
STOCK EXCHANGE ANNOUNCEMENT
JPMORGAN OVERSEAS INVESTMENT TRUST PLC
RESULT OF AGM AND STATEMENT RE CURRENCY HEDGING
Following the Annual General Meeting of the Company, which was held yesterday, the Board is pleased to announce that all of the Ordinary Resolutions put to shareholders were passed. In addition, three Special Resolutions were passed which:
ii. will allow the Company to make market purchases of up to 3,998,874 ordinary shares
representing 14.99% of the Company's issued share capital for each share class; and
iii. will allow the Articles of Association signed by the Chairman to be adopted as the new
Articles of Association of the Company in substitution for, and to the exclusion of, the
existing Articles of Association, with effect from the conclusion of the 2008 Annual General
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.jpmoverseas.co.uk.
The Board further announces that it has agreed to implement a passive currency hedging strategy for the portfolio to neutralise active currency positions relative to the Company's benchmark, the MSCI World AC Index.
5th November 2008
For further information, please contact:
For and on behalf of
JPMorgan Asset Management (UK) Limited - Secretary
020 7742 6000
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