LONDON - JPMorgan Global Growth & Income PLC has issued 50,000 new Ordinary Shares at a price of 604.50 pence per share, the company announced today. The shares were sold for cash under its Ordinary Share block listing facility that was established on May 24, 2024.
Following this transaction, the total issued share capital of the company now stands at 513,502,308 shares. This total share figure is relevant for shareholders who need to disclose changes in their shareholding in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The company also disclosed that it has 2,514,140 Ordinary Shares remaining under the May 24, 2024 block listing facility. Additionally, JPMorgan Global Growth & Income PLC has access to a separate block listing facility for 25,000,000 Ordinary Shares that was dated December 19, 2024.
It was noted that the company does not hold any Ordinary Shares in Treasury at present. Furthermore, the company stated that it will only re-issue shares held in Treasury at a premium to the net asset value at the time of the issue.
This issuance of shares is a part of the company’s financial activities to manage its capital and may be of interest to current and potential investors. The information is based on a press release statement and is provided by RNS, the news service of the London Stock Exchange (LON:LSEG).
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