TIDMJIGI TIDMJIGU TIDMJIGC

RNS Number : 8535P

JPMorgan Income & Growth IT PLC

22 November 2016

22 November 2016

JPMORGAN GROWTH & INCOME INVESTMENT TRUST PLC

Results of Rollover Elections

On 21 November 2016, JPMorgan Income & Growth Investment Trust plc (the "Company") announced that the Special Resolutions in connection with the proposals for the reconstruction, voluntary winding-up and rollover of into JPMorgan Elect plc were approved by Shareholders (the "Scheme").

Pursuant to the Scheme, the Company received the following elections (including deemed elections) in connection with the Proposals:

 
                                         Elections       Elections 
 JPMorgan Elect                        from Income    from Capital 
  Security         Total elections    Shareholders    Shareholders 
----------------  ----------------  --------------  -------------- 
 Managed Income 
  Shares                22,564,002      17,549,653       5,014,349 
----------------  ----------------  --------------  -------------- 
 Managed Growth 
  Shares                19,934,744       1,665,701      18,269,043 
----------------  ----------------  --------------  -------------- 
 Managed Cash 
  Shares                   703,476         397,562         305,914 
----------------  ----------------  --------------  -------------- 
 Cash Option            83,073,362      42,134,887      40,938,475 
----------------  ----------------  --------------  --------------

For the purposes of this breakdown Units have been split into their constituent Income Share and Capital Share.

Therefore, the Company's Income Shares, including those held in Units, will be reclassified as follows:

-- 17,549,653 Income Shares with "A1" rights - being Income Shares with the right to receive Managed Income Shares

-- 1,665,701 Income Shares with "B1" rights - being Income Shares with the right to receive Managed Growth Shares

-- 397,562 Income Shares with "C1" rights - being Income Shares with the right to receive Managed Cash Shares

-- 42,134,887 Income Shares with "D1" rights - being Income Shares with the right to receive the Cash Option

The Company's Capital Shares, including those held in Units, will be reclassified as follows:

-- 5,014,349 Capital Shares with "A2" rights - being Capital Shares with the right to receive Managed Income Shares

-- 18,269,043 Capital Shares with "B2" rights - being Capital Shares with the right to receive Managed Growth Shares

-- 305,914 Capital Shares with "C2" rights - being Capital Shares with the right to receive Managed Cash Shares

-- 40,938,475 Capital Shares with "D2" rights - being Capital Shares with the right to receive the Cash Option

The amendment to the listing of Shares has been requested and dealings in the Reclassified Shares are expected to commence at 8:00 a.m. on Tuesday 29 November 2016, and the listing and dealings in Reclassified Shares is subsequently expected to be suspended at 7:30 am on Wednesday 30 November 2016.

Defined terms used in this announcement have the meanings given in the Company's Circular dated 25 October 2016 unless the context otherwise requires.

Enquiries:

 
 JPMorgan Funds Limited            +44 (0)20 7742 
  Divya Amin, Company Secretary     4000 
 Winterflood Investment Trusts 
  Joe Winkley                      +44 (0)20 3100 
  Neil Morgan                       0000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 22, 2016 08:26 ET (13:26 GMT)

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