LONDON - JPMorgan (NYSE:JPM) Global Growth & Income Plc has issued 100,000 Ordinary Shares at a price of 594.30 pence per share, the company reported today. The shares were sold for cash under the company's block listing facility established on May 24, 2024.
This transaction increases the company's total issued share capital to 506,502,308. Shareholders may use this figure as a denominator for the calculations required to determine whether they need to disclose changes in their stakes in the company, in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The company confirmed that it has 9,514,140 Ordinary Shares still available for issue under the same block listing facility. It was also noted that JPMorgan Global Growth & Income Plc does not hold any ordinary shares in Treasury. Moreover, the company stated that it would only re-issue shares held in Treasury at a premium to the net asset value at the time of the issue.
This issuance comes as part of the company's ongoing efforts to manage its capital and shares effectively. The announcement was made through RNS, the news service of the London Stock Exchange (LON:LSEG), and the details are based on a press release statement.
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