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LONDON - JPMorgan Global Growth & Income Plc has announced the issuance of 75,000 Ordinary Shares at a price of 602.00 pence per share. The transaction took place today under the company’s existing Ordinary Share block listing facility established on May 24, 2024.
The new shares were issued for cash and following this transaction, JPMorgan Global Growth & Income Plc’s total issued share capital has increased to 515,852,308 Ordinary Shares. This total share figure is now the reference shareholders should use for the purpose of notifying changes in their shareholding as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
After this issuance, the company has reported that 164,140 Ordinary Shares remain available for issuance under the May 24, 2024 block listing facility. Moreover, there is an additional block listing facility for 25,000,000 Ordinary Shares dated December 19, 2024, which is also available for use.
It’s important to note that JPMorgan Global Growth & Income Plc does not currently hold any Ordinary Shares in Treasury. Furthermore, the company has committed to re-issuing shares held in Treasury only at a premium to the net asset value at the time of issue.
This financial activity is part of the company’s efforts to manage its capital and shareholder structure effectively. The information presented in this article is based on a press release statement from JPMorgan Global Growth & Income Plc, disseminated through RNS, the news service of the London Stock Exchange (LON:LSEG).
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