LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 75,000 Ordinary Shares at a price of 590.00 pence per share. This transaction took place today under the company's existing block listing facility, which was established on May 24, 2024.
Following this issue, the total issued share capital of the company now stands at 503,842,308 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 also noted that it has 12,174,140 Ordinary Shares remaining under the current block listing facility. It was clarified that JPMorgan Global Growth & Income PLC does not hold any 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 comes as part of the company's strategy to raise capital for further investment and growth. The newly issued shares are immediately available for trading on the London Stock Exchange (LON:LSEG). This information, based on a press release statement, is intended for current and potential investors to stay informed about the company's capital structure and available shares for trading.
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