24 Jan 2022 12:35
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION FOR WHICH THE SAME COULD BE UNLAWFUL.
24 January 2022
JPMorgan European Investment Trust plc
Results of Meetings and Transaction Update
Results of Meetings
The Board of JPMorgan European Investment Trust plc (the "Company") is pleased to announce that the Resolutions proposed at the General Meeting, the Growth Class Meeting and the Income Class Meeting, each held earlier today, were voted on by poll and all were passed.
The full text of all the resolutions can be found in the circular published by the Company on 20 December 2021 (the "Circular") which is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and from the Company's website, www.jpmeuropean.co.uk.
A summary of proxy votes received will shortly be available on the Company's website, www.jpmeuropean.co.uk.
Transaction Update
Following the passing of all Resolutions the Company expects shortly to conclude the unification of the Income Shares and Growth Shares into a single class of Ordinary Shares, each having a nominal value of 0.5 pence and a NAV of 100 pence as determined at 5:00 p.m. on 31 January 2022 (the "Calculation Date").
Shareholders are reminded that in order to be on the register by 31 January 2022 (the "Record Date") the last date for trading in the Growth Shares and the Income Shares for normal T+2 settlement is 27 January 2022.
The Company expects to announce the results of the Restructuring and the resulting number of Ordinary Shares on 3 February 2022, with dealings in Ordinary Shares expected to commence at 8:00 a.m. on 4 February 2022 ("Admission").
A new ISIN has been obtained for the Ordinary Shares - GB00BPR9Y246. The Ordinary Shares will also trade under a new ticker, JEGI, and the Company's name will be changed to JPMorgan European Growth & Income plc with effect from Admission.
Terms used and not defined in this announcement shall have the meanings given to them in the Circular.
For further information please contact:
JPMorgan Funds Limited
Tim Mitchell - 0207 742 8879
Paul Winship - 0207 742 9815
Winterflood Securities Limited
Neil Morgan - 020 3100 0292