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LONDON - JPMorgan Global Growth & Income PLC has issued 150,000 Ordinary Shares at a price of 554.20 pence per share, the company reported on Friday. This transaction was conducted under the company’s Ordinary Share block listing facility established on December 19, 2024.
As a result of this issue, the investment company’s total issued share capital has increased to 517,127,308 Ordinary Shares. Shareholders can use this figure as the denominator for the purposes of notifications under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The company has confirmed that it has 23,889,140 Ordinary Shares remaining under its current block listing facility. In line with its policy, JPMorgan Global Growth & Income PLC does not hold any Ordinary Shares in Treasury and will re-issue shares held in Treasury only at a premium to net asset value.
This equity issue is part of the company’s strategy to raise capital for further investment and operational purposes. The information regarding this share issuance was disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG). This announcement is based on a press release statement and is intended to keep shareholders informed of the latest corporate developments.
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