JPMorgan Global Growth Welcomes New Shares to Marketplace
JPMorgan Global Growth Expands Share Capital
In a significant financial maneuver, JPMorgan Global Growth & Income Plc has recently issued 125,000 new Ordinary Shares priced at 584.70 pence per share. This step, announced recently, is integral to the company's ongoing growth strategy and capital allocation efforts.
Current Share Capital Overview
With the addition of these new shares, the total issued share capital of JPMorgan Global Growth & Income Plc has now reached 511,552,308 shares. This total is particularly important for shareholders, enabling them to stay informed as it relates to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Availability and Future Issuances
As it stands, there are still 4,464,140 Ordinary Shares available for issuance under the existing block listing facility established on May 24, 2024. Additionally, a new block listing facility allowing for the issuance of 25,000,000 Ordinary Shares has been set up with a date of December 19, 2024, pointing towards the company’s proactive approach to capital management.
Policy on Treasury Shares
It is noteworthy that JPMorgan Global Growth & Income Plc currently does not hold any Ordinary Shares in Treasury. The company has also instituted a clear policy regarding the re-issuance of shares. Any shares held in Treasury will only be re-issued at a premium over the net asset value during the time of issue. This approach demonstrates a commitment to shareholder value and disciplined financial governance.
Further Insights on Company Operations
JPMorgan Global Growth & Income Plc continues to pursue avenues for growth and optimization in its operations. By regularly issuing shares under established listing facilities, the company underscores its strategy of maintaining flexibility in capital management while also addressing market demands.
Frequently Asked Questions
What is the recent share issuance by JPMorgan Global Growth?
JPMorgan Global Growth issued 125,000 new Ordinary Shares at a price of 584.70 pence per share.
How many total shares does JPMorgan Global Growth have now?
The total issued share capital of JPMorgan Global Growth has reached 511,552,308 shares after the new issuance.
Are there any shares available for future issuance?
Yes, there are 4,464,140 Ordinary Shares available for issue under the existing block listing facility.
What is the policy regarding Treasury Shares?
JPMorgan Global Growth does not hold any Ordinary Shares in Treasury and issues them only at a premium to the net asset value.
When was the latest block listing facility established?
The latest block listing facility was established on May 24, 2024, with an additional facility dated December 19, 2024.
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