LONDON – JPMorgan Global Growth & Income PLC has announced the issue of 100,000 new ordinary shares at a price of 601.25 pence per share. This transaction, completed today, falls under the existing system for the inclusion of ordinary shares in the block established on May 24, 2024.
With the addition of these shares, the total issued share capital of the company amounts to 512,952,308. Shareholders can use this figure as a denominator for the calculations needed to determine whether they need to report their interest in the company or any changes to it, in accordance with the Financial Conduct Authority’s Disclosure Guidelines and transparency rules.
Following this issue, JPMorgan Global Growth & Income PLC retains 3,064,140 ordinary shares within the mentioned block listing. Furthermore, the company has another block listing option for 25,000,000 ordinary shares dated December 19, 2024.
It is important to note that the company does not own regular treasury shares. Moreover, it has committed to reissue all the shares it holds in the treasury only at a premium to the net asset value at the time of issue.
This recent development in the company’s share structure is based on a press statement issued by the news service London Stock Exchange (LON:).
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