LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 125,000 Ordinary Shares at a price of 611 pence per share. This transaction took place today under the company’s existing Ordinary Share block listing facility established on May 24, 2024.
Following this share issue, the total issued share capital of the company stands at 513,927,308. Shareholders can use this number as the denominator to determine whether they must notify their interest or any changes to their interest in the company, as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The company reported that after this issuance, it has 2,089,140 Ordinary Shares remaining under the block listing facility dated May 24, 2024. Additionally, there is a separate block listing facility for 25,000,000 Ordinary Shares that was dated December 19, 2024.
It was also noted that JPMorgan Global Growth & Income PLC does not have any Ordinary Shares held in Treasury currently. 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 issue.
This share issuance is part of the company’s strategy to raise capital, and it is based on a press release statement. The company’s secretary, Divya Amin of JPMorgan Funds Limited, confirmed the details of the transaction. The information was disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG), and is regulated by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280).
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