LONDON – JPMorgan Global Growth & Income PLC has announced the issue of 75,000 ordinary shares at a price of 579.60 pence per share, according to a statement issued today. The shares were sold for cash as part of the option to include ordinary shares in the block of shares established on May 24, 2024.
After this transaction, the total issued share capital of JPMorgan Global Growth & Income PLC is 510,802,308 shares. This figure is now a reference point for shareholders to determine whether they need to disclose changes in their shareholding in the company under the Financial Conduct Authority’s Disclosure Guidelines and transparency rules.
The company detailed that after this issue it retains 5,214,140 ordinary shares according to the current block quotation option, and the additional block quotation option for 25,000,000 ordinary shares is dated December 19, 2024. The company also confirmed that it does not hold ordinary shares in the treasury and that any reissuance of shares held in the Treasury will be carried out at a premium to the net asset value at the time of issue.
The move by JPMorgan Global Growth & Income PLC is part of the company’s financial strategy and provides investors with updated equity information needed for transparency and regulatory compliance. News reported by RNS, news service London Stock Exchange (LON:), is based on a press release and is intended for investors and the wider financial community to be informed about the company’s capital structure.
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