JPMorgan Glbl Con Inc Fnd Ltd Result of Meeting (3248R)
October 28 2019 - 6:18AM
UK Regulatory
TIDMJGCI
RNS Number : 3248R
JPMorgan Glbl Con Inc Fnd Ltd
28 October 2019
LONDON STOCK EXCHANGE ANNOUNCEMENT
JPMORGAN GLOBAL CONVERTIBLES INCOME FUND LIMITED
28th October 2019
Legal Entity Identifier: 549300DKZ0OX0PZH5H23
Result of EGM
Further to the circular published by JPMorgan Global
Convertibles Income Fund Limited (the 'Company') on 30th September
2019 in connection with the recommended proposals for a voluntary
liquidation of the Company (the 'Circular'), the Board is pleased
to confirm that all the resolutions were duly passed at the EGM of
the Company held earlier today.
A summary of proxy votes received will shortly be available on
the Company's website, www.jpmconvertiblesincome.co.uk
Appointment of Liquidators
Stuart Gardner and Richard Barker of Ernst & Young LLP (the
'Joint Liquidators') have therefore been appointed as Joint
Liquidators responsible for the affairs of the Company until it is
wound up. The Joint Liquidators will be retaining the Company's
Manager until the Portfolio has been liquidated.
Cancellation of shares
It is expected that the listing of the Company's shares will be
cancelled with effect from 8:00 a.m. on 31st October 2019.
Cash distribution to shareholders
All shareholders on the register at 6.00 p.m. on 25th October
2019 will be entitled to liquidation distributions. It is currently
expected that the Portfolio will be realised for cash no later than
6th November 2019. In this case, the Joint Liquidators would expect
to distribute the cash proceeds of the liquidation of the
Portfolio, less the costs of the Proposals and the amount
attributable to the Liquidation Fund, during the week commencing
11th November 2019.
Terms used and not defined shall have the same meanings as in
the Circular.
ENQUIRIES
For and on behalf of
JPMorgan Funds Limited
For further information, please contact:
JPMorgan Funds Limited
Katie Standley/Jonathan Latter 020 7742 4000
Ernst and Young LLP
Jenna Kok Shun +44 (0) 1481 717 400
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END
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