Figma Shares Indicated To Open $105/$110
LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 375,000 Ordinary Shares at a price of 606.70 pence per share. This transaction was conducted today under the company’s existing Ordinary Share block listing facility, which was established on May 24, 2024.
The new shares were issued for cash, and following this issuance, the total number of issued shares for JPMorgan Global Growth & Income PLC stands at 515,452,308. Shareholders can use this figure as the denominator for the calculations needed to determine if they must notify their interest or any changes to their interest in the company, in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Post-transaction, the company has reported that 564,140 Ordinary Shares remain available for issuance under the May 24, 2024 block listing facility. Additionally, there is another block listing facility that was dated December 19, 2024, which allows for the issuance of up to 25,000,000 Ordinary Shares.
The company also clarified that it does not hold any Ordinary Shares in Treasury at present. It was noted that any shares held in Treasury will be re-issued only at a premium to the net asset value at the time of the issue.
This move by JPMorgan Global Growth & Income PLC is part of its ongoing capital management strategy. The company’s Secretary, Divya Amin of JPMorgan Funds Limited, confirmed the details of the transaction. The information regarding this share issuance is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG), and is subject to the terms and conditions of use and distribution set by the exchange.
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