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JPMorgan Overseas (JMO)

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Tuesday 27 October, 2009

JPMorgan Overseas

AGM Statement

RNS Number : 4714B
JPMorgan Overseas IT PLC
27 October 2009




Following the Annual General Meeting of the Company, which was held earlier today, the Board is pleased to announce that all of the Ordinary Resolutions put to shareholders were passed. In addition, five Special Resolutions were passed which:


i.    will allow the Company to disapply pre-emption rights on the allotment of ordinary shares;
ii.   will allow the Company to make market purchases of up to 3,897,296 ordinary shares representing 14.99% of the Company’s issued share capital;
iii.  will allow the Company to sell shares from Treasury (at a premium to net asset value per share of existing shares in issue) of up to an aggregate nominal amount of £649,982, representing 10% of the Company’s share capital;
iv.  will allow the Company to disapply pre-emption rights on the sale of shares from Treasury; and
v.   Shareholders approved a special resolution to adopt new Articles of Association to take account of,  inter alia, changes in company law brought about by the Companies Act 2006 and changes made to the 2006 Act to implement the EU Shareholder Rights Directive in the UK.

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 UK Listing Authority's Document Viewing Facility and from the Company's website, 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,

27th October 2009

For further information, please contact:

Divya Amin 

For and on behalf of

JPMorgan Asset Management (UK) Limited - Secretary

020 7742 6000

This information is provided by RNS
The company news service from the London Stock Exchange