THIS
ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT ARE NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
WHOLE OR IN PART, IN, INTO OR FROM THE
UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND
POSSESSIONS, ANY STATE OF THE UNITED
STATES AND THE DISTRICT OF
COLUMBIA), AUSTRALIA,
CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, NEW
ZEALAND OR ANY MEMBER STATE OF THE EEA OR ANY OTHER
JURISDICTION IN WHICH THE SAME WOULD BE
UNLAWFUL.
This
announcement is not an offer to sell, or a solicitation of an offer
to acquire, securities in the United
States or in any other jurisdiction in which the same would
be unlawful. Neither this announcement nor any part of it shall
form the basis of, or be relied upon in connection with, or act as
an inducement to enter into, any contract or commitment
whatsoever.
Jupiter
Green Investment Trust plc ('the Company')
Legal
Entity Identifier: 549300MFRCR13CT1L845
5 March 2025
Results
of First General Meeting
In
connection with the proposals for the winding-up of the Company by
way of a scheme of reconstruction pursuant to Section 110 of the
Insolvency Act 1986 (the “Scheme”)
the Board is pleased to announce the result of the First General
Meeting.
Details of
the number of votes cast for, against and withheld in respect of
the resolutions are set out below and will also be published on the
Company's website
https://www.jupiteram.com/uk/en/professional/jupiter-green-investment-trust-plc/
|
Special
Resolution
|
Votes
For
(including Discretionary)
|
%
of total votes cast
|
Votes
Against
|
%
of total votes cast
|
Votes
Total
|
%
I.S.C.
|
Votes
Withheld
|
|
To approve
the reclassification of the Shares as shares with "A" rights and
shares with "B" rights and to approve changes required to be made
to the Company's articles of association in relation
thereto.
|
4,272,791
|
99.56
|
18,916
|
0.44
|
4,291,707
|
22.62
|
17,112
|
|
To
approve: (i) the Scheme; (ii)
the implementation of the Scheme by the Liquidators, when
appointed; and (iii) the changes required to be made to the
Company's articles of association to implement the
Scheme.
|
4,274,769
|
99.51
|
21,012
|
0.49
|
4,295,781
|
22.64
|
13,038
|
|
Ordinary
Resolution
|
Votes
For
(including Discretionary)
|
%
of total votes cast
|
Votes
Against
|
%
of total votes cast
|
Votes
Total
|
%
I.S.C.
|
Votes
Withheld
|
|
To approve
the Directors Remuneration Policy
|
539,780
|
12.65
|
3,728,236
|
87.35
|
4,268,016
|
22.49
|
40,803
|
A
'vote withheld' is not a vote in law and will not be counted in the
calculation of the proportion of the votes for and against the
resolution.
The Board
notes the support from shareholders for the special resolutions 2
and 3 in support of the Scheme but acknowledges the votes against
the ordinary resolution 1 (Directors Remuneration Policy). In
compliance with the AIC Code, the Board would normally engage with
shareholders to better understand their concerns with a view to
identifying how such concerns can be addressed and provide an
update on the results of this engagement and actions taken in due
course. Given the Company is in the process of winding up by of the
Scheme, the Board will not be performing such an engagement with
shareholders.
As per the
previously announced timetable for the Scheme, the Shares were
disabled for settlement in CREST at 6
pm on 4 March 2025 and trading
in the Shares will be suspended at 7.30
a.m. on 10 March
2025.
The full
text of the resolutions of the First General Meeting are set out in
the notice of First General Meeting contained in the Circular
published by the Company on 14 February
2025 (the "Circular").
Terms used
and not defined in this announcement shall have the meanings given
to them in the Circular.
The
Circular is available on the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and
on the Company's website at https://www.jupiteram.com/uk/en/professional/jupiter-green-investment-trust-plc/
For
further information, please contact:
|
Jupiter
Asset Management Limited
|
Nick
Black
|
T: 020
3817 1000
|
|
Cavendish
Capital Markets Limited
|
Tunga
Chigovanyika (Corporate Finance)
|
T: +44 (0)
20 7397 1915
|
|
|
Daniel
Balabanoff/Pauline
Tribe
(Sales)
|
T: +44 (0)
20 7220
0500
|
