LONDON - JPMorgan (NYSE:JPM) Global Growth & Income Plc (LSE:JPGI) announced the issuance of 150,000 Ordinary Shares at a price of 579.90 pence per share today. This transaction is part of the company's existing block listing facility established on May 24, 2024.
Following this issue, the company's total issued share capital has increased to 510,952,308 shares. Shareholders can use this figure as the denominator for the calculations by which they will determine whether they need to notify their interest in, or a change to their interest in the company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The company has reported that there are 5,064,140 Ordinary Shares still available under the May 24 block listing facility. Additionally, JPMorgan Global Growth & Income Plc has a separate block listing facility for 25,000,000 Ordinary Shares that was dated December 19, 2024.
JPMorgan Global Growth & Income Plc does not hold any Ordinary Shares in Treasury. The company has stated that it will only re-issue shares held in Treasury at a premium to net asset value at the time of issue.
This issuance of shares is part of the company's strategy to raise capital for investment or other corporate purposes. The company's share issuance practices adhere to the market regulations set by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280).
Investors and shareholders are advised that this information is based on a press release statement from JPMorgan Global Growth & Income Plc and is intended to provide factual details regarding the company's issue of equity.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.