LONDON – JPMorgan Global Growth & Income Plc has issued 200,000 ordinary shares at a price of 580.30 pence per share, the company announced today. This issue is part of the existing option to include ordinary shares in the block of shares established on May 24, 2024.
The transaction increased the total issued share capital of the company to 511,227,308. 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.
Following this issuance, 4,789,140 Common Shares remain available under the block listing option beginning on May 24, 2024. In addition, the Company has a separate block listing facility for 25,000,000 Common Shares dated December 19, 2024.
JPMorgan Global Growth & Income Plc also confirmed that it does not hold any common shares in treasury. In accordance with its policy, the company will reissue treasury shares only at a premium to the net asset value at the time of issue.
The share issue is part of JPMorgan Global Growth & Income Plc’s capital raising strategy. The company did not disclose specific plans for the use of proceeds from this share issue.
This information is based on a press release issued by JPMorgan Funds Limited, Company Secretary, and disseminated by RNS, a news service London Stock Exchange (LON:).
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