LONDON - JP Morgan Global Growth & Income plc has issued 50,000 new ordinary shares at a price of 577.00 pence per share, as announced on Thursday. The issuance is part of the company's block listing facility established on May 24, 2024.

The transaction increased the total issued share capital of the investment trust by 510,127,308 ordinary shares. Shareholders can use this figure in the form of calculations to determine whether they need to report changes in their stake in the company in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Needed or not.

With this new issue, JP Morgan Global Growth & Income plc has 5,889,140 ordinary shares outstanding under the existing block listing facility. In addition, the Company has established another block listing facility for 25,000,000 common shares on December 19, 2024.

The Company has confirmed that it does not hold any treasury ordinary shares and has a policy that treasury shares will be re-issued at a premium to the net asset value at the time of issue.

The move comes as part of the company's strategy to manage its capital structure and provide liquidity to the market. By issuing new shares, the company potentially attracts new investors and provides opportunities for existing shareholders to adjust their investment.

Information about this equity issue is based on a press release statement and officially provided by RNS, the news service. London Stock Exchange (LON:).

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