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LONDON - JPMorgan Global Growth & Income Plc has issued 50,000 new Ordinary Shares at a price of 601.50 pence per share, the company announced today. The shares were issued under the firm’s Ordinary Share block listing facility, which was established on December 19, 2024.
Following this transaction, JPMorgan Global Growth & Income Plc’s total issued share capital has increased to 516,327,308 Ordinary Shares. This updated share count serves as the denominator for shareholders to determine whether they must disclose changes in their stake in the company, according to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The company also confirmed that after this issuance, it has 24,689,140 Ordinary Shares remaining under the current block listing facility. Furthermore, JPMorgan Global Growth & Income Plc clarified that it does not hold any Ordinary Shares in Treasury and that it commits to re-issuing shares held in Treasury only at a premium to net asset value at the time of issue.
This latest development is part of the company’s ongoing capital management strategy and provides investors with the updated figures necessary for regulatory compliance and shareholding calculations. The company’s secretary, Divya Amin of JPMorgan Funds Limited, confirmed the share issuance and provided contact information for further inquiries.
The information regarding this share issuance is based on a press release statement and is disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG).
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