JPMorgan Overseas, managed by Jeroen Huysinga (pictured), has announced that shareholders have approved the sub-division of the company’s 25p ordinary shares, on a five for one basis, into 5p ordinary shares. The sub-division is to take place following admission of any new shares to be issued in connection with the final exercise of the Company’s subscription shares and the payment of the final dividend approved by shareholders at the on 5 November 2015. The last day of trading in the existing ordinary shares is expected to be 7 January 2016 and the new ordinary shares will be admitted to trading with effect from 8.00 a.m. on 8 January 2016.
Shareholders approve JPMorgan Overseas stock split : JMO