Mercantile Investment Trust(The)PLC AGM Statement (0814P)
May 23 2018 - 11:01AM
UK Regulatory
TIDMMRC
RNS Number : 0814P
Mercantile Investment Trust(The)PLC
23 May 2018
LONDON STOCK EXCHANGE ANNOUNCEMENT
THE MERCANTILE INVESTMENT TRUST PLC
Legal Entity Identifier: 549300BGX3CJIHLP2H42
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 passed. In addition,
five items of special business were passed which:
i) approved the sub division of the existing ordinary shares;
ii) allow the Directors of the Company to exercise all powers of
the Company to allot shares in the Company up to an aggregate
nominal amount of GBP1,008,262 representing approximately 5% of the
Company's issued ordinary share capital as at the date of the
passing of the resolution;
iii) allow the disapplication of pre-emption rights on the
allotment of new ordinary shares up to an aggregate nominal amount
of GBP1,008,262;
iv) allow the Company to make market purchases of up 14.99% of
the Company's issued share capital; and
v) approved the Company's dividend policy to continue to pay
four quarterly interim dividends.
The full text of all the resolutions can be found in the Notice
of Annual General Meeting contained in the Annual Report and
Accounts which is available for viewing at the National Storage
Mechanism which can be located at www.morningstar.co.uk/uk/NSM and
from the Company's website, www.mercantileit.co.uk
A summary of proxy votes received will shortly be available on
the Company's website, www.mercantileit.co.uk
23rd May 2018
For further information, please contact:
Jonathan Latter
For and on behalf of
JPMorgan Funds Limited - Company Secretary
020 7742 4000
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END
AGMUOVSRWKAVUAR
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