JPMorgan Global Growth & Income issues 50,000 new shares

Published 25/04/2025, 12:18
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 512.10 pence per share, executed today under its block listing facility established on December 19, 2024. This transaction increases the company’s total issued share capital to 516,827,308.

Shareholders can use this new total share figure as the denominator for the purposes of calculating notifications under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. Following the issue, the Company reported it has 24,189,140 Ordinary Shares remaining under the same block listing facility.

The company confirmed it holds no Ordinary Shares in Treasury and reiterated its policy of re-issuing shares from Treasury only at a premium to net asset value at the time of the issue.

This equity issuance is a part of the company’s ongoing capital management strategy and provides additional capital that can be used for a variety of corporate purposes. The transaction reflects the company’s use of its share issuance program to manage its capital structure effectively.

The information disclosed is based on a press release statement and has been provided by RNS, a news service of the London Stock Exchange (LON:LSEG), and is in compliance with United Kingdom (TADAWUL:4280)’s regulatory standards.

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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