JPMorgan Global issues new shares at 579.60 pence each Via Investing.com



LONDON – JPMorgan Global Growth & Income PLC has announced the issuance of 75,000 Ordinary Shares at a price of 579.60 pence per share, according to a statement released today. The shares were sold for cash under the company’s Ordinary Share block listing facility established on May 24, 2024.

Following this transaction, the total issued capital of JPMorgan Global Growth & Income PLC stands at 510,802,308 shares. This number is now the reference point for shareholders to determine whether they need to disclose changes in their stake in the company according to the Financial Conduct Authority’s Disclosure and Transparency Guidelines.

The company detailed that after this issuance, it retains 5,214,140 Ordinary Shares under the current block listing facility, and an additional block listing facility for 25,000,000 Ordinary Shares dated December 19, 2024. The company also confirmed that it does not hold Treasury Ordinary Shares and that any re-issuance of shares held by Treasury will be held at a premium to the value of the net asset at the time of issue.

This move by JPMorgan Global Growth & Income PLC is part of the company’s financial strategies and provides investors with new information on the capital side needed for transparency and regulatory compliance. The news, disseminated by RNS, the news service of London Stock Exchange (LON:), based on a press release statement and intended for investors and the wider financial community to stay informed about the company’s capital structure.

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





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