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LONDON - JPMorgan Global Growth & Income Plc has issued 75,000 new Ordinary Shares at a price of 554.50 pence per share, the company announced today. The shares were sold for cash under the block listing facility established on December 19, 2024.
With this transaction, the total issued share capital of the investment firm has reached 517,202,308 Ordinary Shares. This figure is now the reference point for shareholders to determine whether they need to disclose changes in their stake in the company, as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
After the issue, 23,814,140 Ordinary Shares remain available under the current block listing facility. The company clarified that it does not hold any Ordinary Shares in Treasury at present. Furthermore, it stated that any re-issuance of shares held in Treasury would occur at a premium to the net asset value at the time of the issue.
This move comes as part of JPMorgan Global Growth & Income Plc’s ongoing capital management strategy. The company, which is listed on the London Stock Exchange (LON:LSEG), is known for its global investment approach, focusing on both growth and income-generating assets.
The information for this article is based on a press release statement provided by RNS, the news service of the London Stock Exchange.
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