JPMorgan Brazil Investment Trust Result of Meeting (4504F)
November 16 2020 - 6:01AM
UK Regulatory
TIDMJPB
RNS Number : 4504F
JPMorgan Brazil Investment Trust
16 November 2020
JPMORGAN BRAZIL INVESTMENT TRUST PLC (the "Company")
Result of General Meeting
Legal Entity Identifier: 5493002T5BE3YCTKTE20
The Board is pleased to announce that the proposals for the
voluntary liquidation of the Company (the "Proposals") were voted
on and approved by the Company's shareholders at the General
Meeting ("GM") held earlier today and that Patrick Brazzill and
Richard Barker of Ernst & Young LLP have been appointed as
joint liquidators.
The full text of the Proposals can be found in the Notice of GM
contained in the Company's circular dated 16 October 2020 (the
"Circular"). The Circular is available to download from the Company
website (www.jpmbrazil.co.uk) and National Storage Mechanism (
https://data.fca.org.uk/#/nsm/nationalstoragemechanism ). The
results of the poll will be made available on the Company's
website.
The listing and trading of the Company's ordinary shares were
suspended at 7.30 a.m. on 16 November 2020.
Application has been made to the FCA for the cancellation of the
listing of the Ordinary Shares on the Official List and to the
London Stock Exchange for cancellation of admission to trading of
the Ordinary Shares on the Main Market at 8.00 a.m. on 17 November
2020.
Following the appointment of the joint liquidators, all further
enquiries regarding the Company should be made to Ernst & Young
LLP, contact details as below. It is currently expected that the
Portfolio will be realised for cash no later than 25 November 2020.
In this case, the joint liquidators would expect to distribute the
cash proceeds of the liquidation of the Portfolio, less the costs
of the Proposals and the amount attributable to the Liquidation
Fund on or around 27 November 2020 to those Shareholders appearing
on the Register as at the record date of 13 November 2020.
Defined terms used in this announcement have the meanings given
in the Circular unless the context otherwise requires.
16 November 2020
Enquiries:
Liquidators
Patrick Brazzill
Richard Barker 0131 777 2300
JPMorgan Funds Limited
Katie Standley
Fin Bodman 020 7742 4000
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END
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