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JPMorgan Global Core Real AssetsAnnouncement

28/08/2025 16:00

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RNS Number : 1106X  JPMorgan Global Core Real Assets Ld  28 August 2025

LONDON STOCK EXCHANGE ANNOUNCEMENT

 

 

JPMORGAN GLOBAL CORE REAL ASSETS LIMITED
(the "Company")

 

RESULT OF ANNUAL GENERAL MEETING

 

Legal Entity Identifier: 549300D8JHZTH6GI8F97

 

Following the Annual General Meeting of the Company, which was held today, the
Board announces that all of the Ordinary Resolutions put to shareholders were
voted on by way of a poll and passed.

 

The full text of all the resolutions can be found in the Notice of Annual
General Meeting contained in the Annual Report and Financial Statements for
the year ended 28th February 2025, which is available for viewing at the
National Storage Mechanism, located at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://secureweb.jpmchase.net/readonly/https:/lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDA0MDUuMTk3NzA4MDEiLCJ1cmwiOiJodHRwczovL2RhdGEuZmNhLm9yZy51ay8jL25zbS9uYXRpb25hbHN0b3JhZ2VtZWNoYW5pc20ifQ.b7Q7NXHGRA8MjB_Ugl8Tv4JxhiU28TbcoNb04FTTMiY/br/77057565032-l)
and on the Company's website, www.jpmrealassets.co.uk
(http://www.jpmrealassets.co.uk)

 

A summary of the poll results will shortly be available on the Company's
website, www.jpmrealassets.co.uk (http://www.jpmrealassets.co.uk) .

 

The Board was disappointed that 18.48% of the votes cast opposed the
resolution relating to the re-appointment of PricewaterhouseCoopers CI LLP
('PwC') as auditor to the Company, having held this position since 2020. As
the Company is now in a managed wind-down, the Board believes that it would
not be in the best interests of shareholders for the Company to undertake an
audit tender. The Board envisages that it will continue to use the services of
PwC until such time as the Company is placed into liquidation, which is
unlikely to be before the end of 2026. The Board highlights that it has agreed
with PwC that its audit fee will reduce as the Company's assets are realised.

 

Having reduced its size and costs, the Board is of the view that its current
composition, with three Directors, is well qualified and has the relevant
experience to oversee the managed wind-down of the Company. In the absence of
unforeseen circumstances, the Directors do not envisage any changes to the
Board and remain focussed on delivering the return of capital to shareholders
in a timely and cost-effective manner.

 

28th August 2025

 

For further information, please contact:

 

Emma Lamb

For and on behalf of

JPMorgan Funds Limited - Company Secretary

Telephone: 0800 20 40 20 (or +44 1268 44 44 70)

E-mail: jpmam.investment.trusts@jpmorgan.com
(mailto:jpmam.investment.trusts@jpmorgan.com)

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