JPMorgan Global Growth & Income issues 50,000 new shares

Published 22/04/2025, 15:02
JPMorgan Global Growth & Income issues 50,000 new shares

LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 50,000 Ordinary Shares at a price of 486.50 pence per share today. The shares were issued for cash under the company’s Ordinary Share block listing facility, which was established on December 19, 2024.

Following this transaction, the total issued share capital of the company now stands at 516,777,308 Ordinary Shares. This updated number of shares serves as the denominator for shareholders to determine whether they must notify their interest in the company or any changes to it, in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

After the issuance, JPMorgan Global Growth & Income PLC has 24,239,140 Ordinary Shares remaining under its current block listing facility. The company has also clarified that it does not hold any Ordinary Shares in Treasury and that it will only re-issue shares held in Treasury at a premium to net asset value at the time of issue.

This financial move, carried out on the London Stock Exchange (LON:LSEG), is part of the company’s strategy to manage its capital and shareholder base. The information, provided by RNS, the news service of the London Stock Exchange, is based solely on a press release statement from the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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