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LONDON - Fidelity Japan Trust PLC (LSE:FJV) shareholders approved a special resolution to adopt new Articles of Association at Monday’s General Meeting, according to a company press release.
The new articles extend the timeline for the trust’s potential liquidation or reorganization from three months to six months. This change follows the failed continuation vote at the annual general meeting held on May 21, 2025.
Under the revised articles, the board now has until November 21, 2025, to develop proposals regarding the company’s future and hold a general meeting to present these options to shareholders. Previously, these actions would have been required by August 21.
The special resolution also incorporated various minor technical and clarification changes to the articles. The approved articles maintain the same form and amendments as presented at the May annual general meeting.
The investment trust, which focuses on Japanese equities, will file complete details of the resolution with Companies House and upload them to the national storage mechanism. Poll results will be available on the company’s website.
Stifel Nicolaus Europe Limited is serving as financial advisor and broker to Fidelity Japan Trust for this process.
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