LONDON - JPMorgan Global Growth & Income Plc has issued 200,000 new ordinary shares today at a price of 551.00 pence per share. This transaction was conducted under the company’s Ordinary Share block listing facility established on December 19, 2024.
With this latest issuance, the total number of issued shares by the company has reached 517,402,308. Shareholders may use this figure as a reference for the denominator in calculations to determine whether they need to disclose changes in their stake in the company, according to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The company has confirmed that following this issue, it still has 23,614,140 ordinary shares available for issuance under the current block listing facility. It was also noted that JPMorgan Global Growth & Income Plc does not hold any ordinary shares in treasury and that any treasury shares would only be re-issued at a premium to the net asset value at the time of issue.
This move by JPMorgan Global Growth & Income Plc is part of its capital management strategy, as the company continues to grow its issued share capital within the regulatory framework provided by the London Stock Exchange (LON:LSEG) and the Financial Conduct Authority.
The information regarding this equity issue was distributed by RNS, the news service of the London Stock Exchange, and is based on a press release statement from the company.
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