LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 75,000 Ordinary Shares at a price of 579.60 pence per share, according to a statement released today. The shares were sold for cash under the company's Ordinary Share block listing facility that was established on May 24, 2024.
Following this transaction, JPMorgan Global Growth & Income PLC's total issued share capital stands at 510,802,308 shares. This figure is now the reference point for shareholders 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.
The company has detailed that after this issuance, it retains 5,214,140 Ordinary Shares under the current block listing facility, and an additional block listing facility for 25,000,000 Ordinary Shares was dated December 19, 2024. The company also confirmed that it holds no Ordinary Shares in Treasury and that any re-issuance of shares held in Treasury will be conducted at a premium to the net asset value at the time of issue.
This move by JPMorgan Global Growth & Income PLC is part of the company's financial strategies and provides investors with the updated share capital information necessary for transparency and regulatory compliance. The news, disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG), is based on a press release statement and is intended for investors and the broader financial community to stay informed about the company's capital structure.
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