REG-Jupiter Green Investment Trust Plc: Results of First General Meeting

Jupiter Green Investment TrustAnnouncement

05/03/2025 15:15

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT ARE NOT FOR RELEASE,
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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                   % of total votes cast  Votes Against  % of total votes cast  Votes      % I.S.C.  Votes Withheld  
                                                                                                                                                                                                                    (including Discretionary)                                                                Total                                
 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                   % of total votes cast  Votes Against  % of total votes cast  Votes      % I.S.C.  Votes Withheld  
                                               (including Discretionary)                                                                Total                                
 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  

 



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