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LONDON - JPMorgan Global Growth & Income Plc has announced the issuance of 50,000 Ordinary Shares at a price of 606.00 pence per share, as per the company’s Ordinary Share block listing facility established on May 24, 2024. The transaction took place today, adding to the company’s total issued share capital, which now stands at 514,927,308 shares.
This issuance allows shareholders to use the new total share figure as a reference for the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. These rules require shareholders to disclose their interest or any changes to their interest in the company.
Following this issue, JPMorgan Global Growth & Income Plc still has 1,089,140 Ordinary Shares available under the same block listing facility. Additionally, there is a separate block listing facility for 25,000,000 Ordinary Shares dated December 19, 2024.
The company has clarified that it does not hold any Ordinary Shares in Treasury. Furthermore, it has committed to re-issuing shares held in Treasury only at a premium to the net asset value at the time of issue.
This move by JPMorgan Global Growth & Income Plc is part of its ongoing capital management strategy and provides investors with the opportunity to increase their holdings in the company. The information disclosed in this announcement 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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