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LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 50,000 new Ordinary Shares at a price of 603.50 pence per share. This transaction, carried out today, falls under the company’s Ordinary Share block listing facility established on May 24, 2024.
With this latest share issuance, JPMorgan Global Growth & Income PLC’s total issued share capital has reached 515,727,308 shares. This number is now the baseline for shareholders to determine if they need to disclose changes in their stake in the company, according to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Post-transaction, the company has confirmed that 289,140 Ordinary Shares remain available for issue under the May 24, 2024, block listing facility. Additionally, there is a separate block listing facility for 25,000,000 Ordinary Shares, dated December 19, 2024.
The company has also stated that it does not hold any Ordinary Shares in Treasury. Moreover, it has committed to re-issuing any shares held in Treasury only at a premium to the net asset value at the time of issue.
This issuance of shares is a part of JPMorgan Global Growth & Income PLC’s strategy to raise capital. The company, listed on the London Stock Exchange (LON:LSEG), is managed by JPMorgan Funds Limited, with Divya Amin serving as the Company Secretary.
The information regarding this equity issue is based on a press release statement and is provided by RNS, the news service of the London Stock Exchange, which is authorized by the Financial Conduct Authority in the UK as a Primary Information Provider.
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