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JPMorgan Global issues new shares at 596.80 pence

Published 12/03/2024, 07:56 PM

LONDON - JPMorgan Global Growth & Income PLC has issued 100,000 Ordinary Shares at a price of 596.80 pence each, the company announced on Tuesday. This issuance is part of a block listing facility that was established on May 24, 2024.

The sale of shares has increased the company's total issued share capital to 505,267,308. Shareholders can use this figure as a reference for the disclosure of their interest in the company, in compliance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

After this transaction, JPMorgan Global Growth & Income PLC retains 10,749,140 Ordinary Shares within the block listing facility. The company confirmed it does not hold any ordinary shares in Treasury and has a policy to re-issue shares held in Treasury only at a premium to net asset value at the time of issue.

This move by JPMorgan Global Growth & Income PLC provides investors with an opportunity to participate in the company’s equity. The information regarding this share issuance is based on a press release statement.

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

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