LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 50,000 new Ordinary Shares at a price of 593.00 pence per share. This transaction was carried out on Wednesday under the company’s existing Ordinary Share block listing facility, which was established on May 24, 2024.
The latest share issuance increases the total issued share capital of the company to 512,427,308 Ordinary Shares. This figure is now the reference point for shareholders to determine their notification requirements under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Following this issue, JPMorgan Global Growth & Income PLC has 3,589,140 Ordinary Shares remaining under the May 24, 2024 block listing facility. Additionally, there is a separate block listing facility for 25,000,000 Ordinary Shares dated December 19, 2024.
The company confirmed that it does not hold any Ordinary Shares in Treasury and that any shares held in Treasury would be re-issued only at a premium to the net asset value at the time of the issue.
This issuance of equity is part of JPMorgan Global Growth & Income PLC’s ongoing capital management strategy. The company has not disclosed any specific use of the proceeds from this share issuance.
This information, based on a press release statement, provides shareholders and potential investors with the latest data on the company’s share capital and block listing facilities. It is important for investors to take note of these changes for their investment decisions and regulatory compliance obligations.
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