REG - JPMorgan Indian Inv - Result of Tender Offer

Jpmorgan Indian Investment TrustAnnouncement

Today 07:00

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RNS Number : 2567Q  JPMorgan Indian Invest Trust PLC  09 July 2025

 

 

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR
PUBLICATION, RELEASE OR DISTRIBUTION IN WHOLE OR IN PART IN AUSTRALIA, CANADA,
JAPAN, OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE ITS
RELEASE, PUBLICATION OR DISTRIBUTION IS OR MAY BE UNLAWFUL. THE INFORMATION
CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY
JURISDICTION.

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN INDIAN INVESTMENT TRUST PLC

(the 'Company')

Result of Tender Offer

 

 

 

Legal Entity Identifier 549300OHW8R1C2WBYK02

 

Result of Tender Offer

 

Further to the Company's publication of a circular to shareholders on 6 June
2025 containing inter alia details of a tender offer providing Eligible
Shareholders with the opportunity to tender up to 30 per cent. of the issued
share capital in the Company (excluding Shares held in treasury) (the
"Circular"), the Company today announces that applications for a total of
25,358,729 shares, being 38.7% of the Company's shares in issue (excluding
treasury shares) as at the Record Date, were validly tendered pursuant to the
Tender Offer.

A total of 19,678,346 Shares will be repurchased by the Company under the
Tender Offer and cancelled.

Shareholders who validly tendered a percentage of their Shares equal to or
less than their Basic Entitlement shall have all tendered Shares purchased in
full under the Tender Offer. Following a scale-back exercise, Shareholders who
validly tendered a percentage of Shares greater than their Basic Entitlement
will have a number of Shares equal to their Basic Entitlement purchased in
full plus approximately 63.8 per cent. of their application in excess of their
Basic Entitlement, in accordance with the process described in the Circular.

 

Tender Price

The Tender Price will be announced as soon as practicable after all of the
assets allocated to the Tender Pool have been realised.

Subject to the Tender Offer becoming unconditional, the acquisition of the
Exit Shares by Deutsche Numis under the Tender Offer and the payment of the
Tender Price due to Eligible Tendering Shareholders will be made as soon as
practicable after all of the assets allocated to the Tender Pool have been
realised.

Capitalised terms and expressions herein shall have the same meanings as those
attributed to them in the Circular.

 

9 July 2025

 

For further information, please
contact:

 

Sachu Saji

JPMorgan Funds Limited

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

Deutsche Numis

Hugh Jonathan

Vicki Paine

0207 547 039

 

 

 

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