REG - Jardine Matheson Hdg - Annual Financial Report

Jardine Matheson HoldingsAnnouncement

07/04/2022 10:30

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RNS Number : 6513H  Jardine Matheson Hldgs Ltd  07 April 2022

JARDINE MATHESON HOLDINGS LIMITED

 

PUBLICATION OF 2021 ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING

 

Jardine Matheson Holdings Limited (the 'Company') has today published on the
Company's website, www.jardines.com, its Annual Report in respect of the year
ended 31st December 2021 (the 'Annual Report').  The notice of the 2022
Annual General Meeting and form of proxy are also available on the website.

 

A printed copy of the Annual Report, together with the notice of the 2022
Annual General Meeting and form of proxy (together the 'Documents'), are today
being posted to shareholders.  At the time of sending the Documents, it is
impossible to predict what impact COVID-19 might have on postal services
around the globe.  Accordingly, there may be delays for the Documents to be
received by some registered shareholders.  In light of these possible delays,
registered shareholders should consider visiting the Company's website to
access and print the proxy form to ensure that they can complete and send it
to the Company's registrars/transfer agents by the deadline set out in the
proxy form.  If investors require assistance, please contact the Company's
registrars/transfer agents.  It is also recommended that investors appoint
the Chairman of the Meeting as their proxy.

 

Copies of the Documents have also been submitted to the Financial Conduct
Authority (the 'FCA') in the United Kingdom via the National Storage Mechanism
and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

The information required by the Disclosure Guidance and Transparency Rule
6.3.5 of the FCA is included in the preliminary announcement of results for
the year ended 31st December 2021 made by the Company on 3rd March 2022 and in
the Annual Report.

 

Cancellation of cross-shareholding

 

Further to the announcement made by the Company on 8th March 2021 in relation
to its intention to cancel the 59% per cent. shareholding in the Company held
(directly and indirectly) by Jardine Strategic Limited ('Jardine Strategic'
and the 'Share Cancellation', respectively), the Company is proposing to seek
the approval of shareholders at the 2022 Annual General Meeting of Resolutions
relating to a reduction of capital in the Company (the 'Capital Reduction') as
well as a proposed amendment the Company's bye-laws in order to implement the
Share Cancellation.

 

If the Capital Reduction and amendments to the Company's bye-laws are approved
by shareholders, the 59% shareholding held (directly and indirectly) by
Jardine Strategic would be cancelled, and no consideration would be paid. The
notice of the 2022 Annual General Meeting contains further details of these
matters.

 

The Board considers the Capital Reduction and the associated Resolutions to be
in the best interests of the Company and its shareholders as a whole and
unanimously recommends that shareholders vote in favour of such Resolutions.

 

 

Jonathan Lloyd, Jardine Matheson Limited

For and on behalf of Jardine Matheson Holdings Limited

 

7th April 2022

 

www.jardines.com

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