LONDON - JPMorgan Global Growth & Income PLC has issued 150,000 Ordinary Shares at a price of 592.00 pence per share, the company announced today. The transaction was conducted under the company’s Ordinary Share block listing facility established on May 24, 2024.
Following this issuance, the company’s total issued share capital stands at 512,377,308 Ordinary Shares. Shareholders can use this figure as the denominator for the calculations required to disclose their interest in the company, in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The company has also informed that after today’s issuance, 3,639,140 Ordinary Shares remain under the May 24, 2024 block listing facility. Additionally, a separate block listing facility for 25,000,000 Ordinary Shares, dated December 19, 2024, is also available.
It was emphasized that JPMorgan Global Growth & Income PLC does not hold any Ordinary Shares in Treasury. Furthermore, the company stated that it will only re-issue shares held in Treasury at a premium to net asset value at the time of issue.
This issuance is part of the company’s ongoing capital management strategy and provides investors with an opportunity to increase their holdings in JPMorgan Global Growth & Income PLC. The company’s share capital structure and the details of the block listing facilities are significant for investors monitoring their stake in the company and for potential future share transactions.
The information disclosed in this article is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG).
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