JPMorgan Global issues new shares at 589.80 pence each

Published 12/11/2024, 09:52 PM

LONDON - JPMorgan Global Growth & Income Plc has issued 100,000 Ordinary Shares at a price of 589.80 pence per share, the company disclosed Wednesday. This issuance is part of an existing block listing facility established on May 24, 2024.

The cash transaction has increased the company's total issued share capital to 507,702,308 shares. Shareholders can use this figure as the denominator for the calculations required to disclose their interest in the company, as per the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

After this issue, JPMorgan Global Growth & Income Plc has 8,314,140 Ordinary Shares remaining under the block listing facility. The company confirmed it does not hold any ordinary shares in Treasury and maintains a policy of re-issuing shares held in Treasury only at a premium to net asset value at the time of the issue.

The information, based on a press release statement, was provided by RNS, the news service of the London Stock Exchange (LON:LSEG). The details of the transaction serve as a factual update on the company's share capital and are relevant for shareholders and potential investors monitoring changes in the company's equity structure.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.