LONDON - JPMorgan Global Growth & Income PLC has announced the issuance of 250,000 Ordinary Shares at a price of 597.80 pence per share. The transaction took place today under the company's existing block listing facility, which was established on May 24, 2024.
Following this issuance, the total number of issued shares for the investment trust stands at 505,792,308. Shareholders can use this figure as the denominator for the calculations required to determine whether they must disclose changes in their stake in the company, according to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The company confirmed that it has 10,224,140 Ordinary Shares remaining under its current block listing facility. It also stated that it holds no ordinary shares in Treasury and will only re-issue shares held in Treasury at a premium to net asset value at the time of issue.
This move is a part of JPMorgan Global Growth & Income PLC's efforts to raise capital. The company, known for its investments aimed at achieving growth and income for its investors, has not disclosed specific plans for the use of the proceeds from this share issue.
The information on this share issuance is based on a press release statement and provides shareholders and potential investors with the latest data on the company's capital structure.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.