JPMorgan Emerging EMEA Securities Result of AGM (2054S)

TIDMJEMA

RNS Number : 2054S

JPMorgan Emerging EMEA Securities

07 March 2023

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN EMERGING EUROPE, MIDDLE EAST & AFRICA SECURITIES PLC

ANNUAL GENERAL MEETING 2023

RESULT OF POLL AT ANNUAL GENERAL MEETING

Legal Entity Identifier: 549300II3MHI98ZLVH37

Information disclosed in accordance with LR 9.6.18

Following the Annual General Meeting of the Company, which was held today the Board is pleased to announce that all of the ordinary resolutions put to shareholders were voted on by Poll and passed. In addition, three items of special business were voted on by Poll and passed which:

i) will allow the Company to allot new shares up to an aggregate nominal amount of GBP20,218, representing 5% of the Company's issued Ordinary share capital;

ii) will allow the disapplication of pre-emption rights on the allotment of new Ordinary shares;

iii) will allow the Company to make market purchases of up to 6,061,383 Ordinary shares representing 14.99% of the Company's issued share capital;

Where 20 per cent. or more of votes have been cast against any Board recommendation for a resolution, the Company is required by provision 4 of the AIC Code of Corporate Governance to explain what action it will take to consult shareholders to understand the reasons behind the result.

The Board notes the following votes against resolutions of 20% or more received:

Resolution % Against

   8.            Authority to allot new shares - Ordinary Resolution                          24.30 
   9.            Authority to disapply pre-emption rights on allotment                      23.19

of relevant securities -Special Resolution

The Board through the Chair and the Manager will continue to consult with shareholders who cast these against votes, in order to understand the reasons for the result. As communicated to shareholders in today's Annual General Meeting, the Board confirms that there are currently no plans to allot new shares. The Board is mindful of shareholders' pre-emption rights and its duty to promote the success of the Company for the benefit of the members as a whole. An updated list of shareholders' questions and answers (Q&A) will be uploaded onto the Company's website and an update on the views received from shareholders and actions taken by the Board in response will be announced within six months. A summary of the impact that the feedback has had on the decisions the Board has taken and any actions proposed will be included in the Company's 2023 Annual Report and Financial Statements.

The full text of all the resolutions can be found in the Company's Annual Report and Accounts which is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and from the Company's website, www.jpmeemeasecurities.com

A summary of proxy votes received and the poll results will shortly be available on the Company's website, www.jpmeemeasecurities.com

7th March 2023

For further information, please contact:

Paul Winship

For and on behalf of

JPMorgan Funds Limited, Secretary

020 7742 6000

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