JPMorgan Global Growth & Income issues new shares at 601.25 pence by Investing.com

LONDON – JPMorgan Global Growth & Income PLC has announced the issuance of 100,000 new ordinary shares at a price of 601.25 pence per share. This transaction, completed today, falls within the Company’s existing common stock listing facility which was established on May 24, 2024.

Adding these shares brings the total issued capital of the company to 512,952,308. Shareholders can use this number as a denominator for the calculations needed to decide whether they should notify their interest in the company, or any changes to it, in accordance with the FCA’s disclosure guidelines and transparency rules.

Following this issuance, JPMorgan Global Growth & Income PLC will retain 3,064,140 common shares under the said blanket listing facility. Additionally, the Company has another block listing facility for 25,000,000 common shares on December 19, 2024.

It is important to note that the company does not own any common shares in treasury. Furthermore, it has committed to reissuing any shares held in treasury only at a premium to the net asset value at the time of issuance.

This latest development in the company’s share structure is based on a press release provided by the news service of London Stock Exchange (line:).

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