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LONDON - JPMorgan Global Growth & Income Plc has announced the issuance of 100,000 new Ordinary Shares at a price of 589.00 pence per share. This transaction, which took place today, falls under the company's block listing facility established on May 24, 2024.
Following this share issuance, the total issued share capital of the company now stands at 511,902,308 shares. Shareholders can use this figure as the denominator for the calculations required to determine their notification obligations for any changes in their interest in the company as per the Disclosure Guidance and Transparency Rules set by the Financial Conduct Authority.
The company confirmed it has remaining authority to issue 4,114,140 Ordinary Shares under the existing block listing facility, with an additional 25,000,000 Ordinary Share block listing facility available since December 19, 2024. It was also noted that JPMorgan Global Growth & Income Plc does not hold any Ordinary Shares in Treasury and maintains a policy of re-issuing shares held in Treasury only at a premium to net asset value at the time of the issue.
This corporate action is part of the company's strategy to manage capital and accommodate investor demand. Shareholders and potential investors are advised to consider this new development in the context of their investment decisions.
The information disclosed is based on a press release statement and has been disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG), and approved by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280).
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