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LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 50,000 Ordinary Shares at a price of 606.40 pence per share. The transaction took place today under the company’s existing Ordinary Share block listing facility, which was established on the 24th of May, 2024.
Following this issue, JPMorgan Global Growth & Income PLC’s total issued share capital now stands at 514,977,308 shares. This figure is relevant for shareholders who need to determine whether they must disclose changes in their stake in the company, in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The company has disclosed that after this issuance, it has 1,039,140 Ordinary Shares remaining under the same block listing facility. Additionally, there is a separate block listing facility for 25,000,000 Ordinary Shares, which was initiated on the 19th of December, 2024.
JPMorgan Global Growth & Income PLC has confirmed that it does not hold any Ordinary Shares in Treasury. Moreover, the company has stated that it will re-issue shares held in Treasury only at a premium to the net asset value at the time of issuance.
This move comes as part of the company’s efforts to manage its capital structure and provide liquidity to the market. The issuance is based on a press release statement and is a part of regular financial disclosures, as required by market regulations.
Investors and market watchers will monitor the impact of this share issue on the company’s stock performance on the London Stock Exchange (LON:LSEG). The company, managed by JPMorgan Funds Limited, has provided a contact number for additional inquiries related to the share issuance.
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