Figma Shares Indicated To Open $105/$110
LONDON - JPMorgan Global Growth & Income Plc has issued 150,000 new Ordinary Shares at a price of 604.30 pence per share, the investment management firm announced today. The shares were sold for cash under the company's existing block listing facility that was established on May 24, 2024.
Following this issuance, the total number of issued shares for the company stands at 513,452,308. This figure serves as a reference for shareholders when reporting their holdings or changes in holdings to the Financial Conduct Authority, as per the Disclosure Guidance and Transparency Rules.
The company also reported that it has 2,564,140 Ordinary Shares remaining under the current block listing facility. Additionally, there is a separate block listing facility for 25,000,000 Ordinary Shares that was dated December 19, 2024.
JPMorgan Global Growth & Income Plc confirmed that it does not hold any Ordinary Shares in Treasury. Moreover, the company has a policy of re-issuing shares held in Treasury only at a premium to the net asset value at the time of the issue.
This issuance of shares is part of the company's strategy to raise capital and potentially expand its investment portfolio. It is a routine financial activity for investment firms like JPMorgan Global Growth & Income Plc to manage their capital structure and finance growth opportunities.
The information regarding the share issuance is based on a press release statement provided by the company and disseminated through RNS, the news service of the London Stock Exchange (LON:LSEG). RNS is authorized by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280) as a Primary Information Provider. Terms and conditions relating to the use and distribution of this information may apply.
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