JPMorgan Global Growth & Income issues new shares at 601 pence

Published 04/02/2025, 14:14
JPMorgan Global Growth & Income issues new shares at 601 pence

LONDON - JPMorgan Global Growth & Income PLC announced the issuance of 100,000 Ordinary Shares at a price of 601.00 pence per share, as part of its existing block listing facilities. This transaction, which took place today, results in the company’s total issued share capital reaching 514,877,308 shares.

The shares were issued for cash under the company’s Ordinary Share block listing facility that was established on May 24, 2024. Following this issuance, JPMorgan Global Growth & Income PLC has 1,139,140 Ordinary Shares remaining under this facility. Additionally, the company has a separate block listing facility for 25,000,000 Ordinary Shares that was dated December 19, 2024.

The company has confirmed that it does not hold any Ordinary Shares in Treasury. Moreover, it has a policy to re-issue shares held in Treasury only at a premium to the net asset value at the time of the issue.

Shareholders may use the updated total issued share capital figure of 514,877,308 as the denominator for calculations to determine if they need to notify their interest in the company, or any changes to it, according to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

This move by JPMorgan Global Growth & Income PLC reflects its ongoing financial activities and provides shareholders and potential investors with the latest information on the company’s equity structure. The information is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG).

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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