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JPMorgan Global issues new shares at 541.50 pence each

Published 28/05/2025, 14:42
JPMorgan Global issues new shares at 541.50 pence each
JGGI
-0.17%

LONDON - JPMorgan Global Growth & Income PLC (LSE:JGGI) has issued 50,000 Ordinary Shares at a price of 541.50 pence per share, the company announced today. This issuance is part of an existing block listing facility established on December 19, 2024.

As a result of this transaction, the total issued share capital of the company has risen to 517,627,308 Ordinary Shares. Shareholders can use this figure as the denominator for the calculations needed to determine whether they must disclose changes in their stake in the company, in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

The company confirmed that it has 23,389,140 Ordinary Shares still available under the block listing facility. It also stated that it does not hold any Ordinary Shares in Treasury and will only re-issue shares held in Treasury at a premium to net asset value at the time of issue.

This move by JPMorgan Global Growth & Income PLC provides investors with the opportunity to participate in the company’s growth prospects through the purchase of new shares. The company’s approach to re-issuing shares from Treasury at a premium ensures that existing shareholders’ interests are not diluted at below market values.

The information regarding this share issuance is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG), and is intended for shareholders and investors to stay informed about the latest developments of JPMorgan Global Growth & Income PLC.

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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