🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

JPMorgan Global issues new shares at 588.20 pence each

Published 11/28/2024, 08:14 AM
JMG
-

LONDON - JPMorgan Global Growth & Income PLC has issued 225,000 new ordinary shares at a price of 588.20 pence per share, the company announced Thursday. The issuance is part of an existing block listing facility established on May 24, 2024.

Following this transaction, the total issued share capital of the investment trust now stands at 504,342,308 shares. Shareholders can use this figure as the denominator for the calculations needed to determine whether they must disclose changes in their stake in the company, in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The company confirmed that it does not hold any ordinary shares in Treasury and that any re-issuance of shares held in Treasury will only occur at a premium to the net asset value at the time of issue.

JPMorgan Global Growth & Income PLC still has 11,674,140 ordinary shares available for issuance under the same block listing facility. The release of this information is based on a press release statement and is provided by RNS, the news service of the London Stock Exchange (LON:LSEG).

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.