LONDON - JPMorgan Global Growth & Income Plc has announced the issuance of 50,000 Ordinary Shares at a price of 578.6 pence each. The transaction took place today under the company's existing block listing facility established on May 24, 2024.
This issuance increases the total number of shares in the company's issued share capital to 510,727,308. Shareholders can use this updated figure as the denominator for calculations to determine if they need to disclose changes in their stake in the company, as per the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Following this issue of shares, JPMorgan Global Growth & Income Plc reported that it still has 5,289,140 Ordinary Shares available under the May 24, 2024 block listing facility. Additionally, the company mentioned a separate block listing facility for 25,000,000 Ordinary Shares dated December 19, 2024.
The company also clarified that it does not hold any Ordinary Shares in Treasury and has a policy to re-issue 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. It is based on a press release statement and reflects the company's current share capital structure as of today.
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