LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 100,000 Ordinary Shares at a price of 585.00 pence per share. The transaction, which took place today, was executed under the company’s Ordinary Share block listing facility established on May 24, 2024.
Following this share issuance, JPMorgan Global Growth & Income PLC’s total issued share capital now stands at 511,652,308 Ordinary Shares. This number serves as the denominator for shareholders to determine whether they need to disclose their interest in the company, as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The company has reported that it retains 4,364,140 Ordinary Shares under its block listing facility dated May 24, 2024. Additionally, there is a separate block listing facility for 25,000,000 Ordinary Shares, which was dated December 19, 2024.
JPMorgan Global Growth & Income PLC confirmed that it does not hold any Ordinary Shares in Treasury and stipulated that any re-issuance of shares held in Treasury will only occur at a premium to the net asset value at the time of issue.
This equity issuance is part of the company’s strategy to manage its capital and may provide additional funds for investment or other corporate purposes. Shareholders and potential investors are advised to consider this new development when evaluating their position in the company.
The information regarding this share issuance is based on a press release statement and has been disseminated through RNS, the news service of the London Stock Exchange (LON:LSEG).
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