LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 50,000 Ordinary Shares at a price of 591.00 pence per share. The transaction, completed today, was conducted under the company's Ordinary Share block listing facility established on May 24, 2024.
Following this issue, the company's total issued share capital now stands at 506,777,308 Ordinary Shares. This figure serves as a reference for shareholders to determine whether they need to disclose changes in their stakes in the company, as per the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Currently, the company has 9,239,140 Ordinary Shares available under its block listing facility. It was also stated that JPMorgan Global Growth & Income PLC does not hold any Ordinary Shares in Treasury. Furthermore, the company has a policy to re-issue shares held in Treasury only at a premium to the net asset value at the time of the issue.
This share issuance is part of the company's strategy to manage its capital and provide liquidity to the market. It reflects the ongoing efforts to adjust the company's financial structure in response to market conditions and investment opportunities.
The information regarding this share issuance is based on a press release statement and was provided by RNS, the news service of the London Stock Exchange (LON:LSEG). It is approved by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280).
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