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LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 50,000 Ordinary Shares at a price of 602.00 pence per share, as part of its share block listing facility established on May 24, 2024. The transaction, executed today, increases the company’s total issued share capital to 514,427,308.
Shareholders may use this new total as the denominator for the calculations required to determine whether they need to disclose changes in their stake in the company, according to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Following this issue, JPMorgan Global Growth & Income PLC has 1,589,140 Ordinary Shares remaining within its current block listing facility. Additionally, the company has another block listing facility for 25,000,000 Ordinary Shares, which was dated December 19, 2024.
The company has confirmed it does not hold any Ordinary Shares in Treasury at present. It also stated that it would only re-issue shares held in Treasury at a premium to the net asset value at the time of issue.
This issuance of shares contributes to the company’s growth strategy by potentially providing additional funds for investment opportunities. The company’s secretary, Divya Amin of JPMorgan Funds Limited, was available for contact via telephone for further inquiries.
The information disclosed in this article is based on a press release statement from JPMorgan Global Growth & Income PLC and is provided by RNS, the news service of the London Stock Exchange (LON:LSEG). The Financial Conduct Authority has approved RNS as a Primary Information Provider in the United Kingdom (TADAWUL:4280).
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