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LONDON - JPMorgan Global Growth & Income Plc has announced the issuance of 125,000 new Ordinary Shares at a price of 603.00 pence per share, as detailed in a statement released today. This transaction is part of the company’s Ordinary Share block listing facility established on May 24, 2024.
The new shares were issued for cash and are expected to contribute to the company’s growth initiatives. With this latest issuance, JPMorgan Global Growth & Income’s total issued share capital now stands at 515,977,308 Ordinary Shares. This figure is relevant for shareholders who need to disclose changes in their holdings in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Following the issuance, the company has reported that it has 39,140 Ordinary Shares remaining under the current block listing facility. Additionally, there is a separate block listing facility for 25,000,000 Ordinary Shares dated December 19, 2024, which provides the company with further capacity to issue shares in the future.
It’s important to note that JPMorgan Global Growth & Income Plc does not currently hold any Ordinary Shares in Treasury. The company also stated that it will only re-issue shares held in Treasury at a premium to the net asset value at the time of the issue.
This issuance of shares is part of JPMorgan Global Growth & Income Plc’s ongoing efforts to manage its capital effectively and pursue its strategic objectives. Shareholders and potential investors are advised to consider this information when evaluating their investment decisions.
The information provided in this article is based on a press release statement from JPMorgan Global Growth & Income Plc.
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