21st Feb 2024 10:48
JPMorgan Global Growth & Income PLC - London-based Investment trust - Announces successful completion of placing and WRAP retail offer, which together raised gross proceeds of GBP34.5 million. JGGI says that the WRAP retail offer was materially oversubscribed, with orders received exceeding the EUR8 million limit. Subject to admission to the London Stock Exchange, JGGI will issue a total of 6.5 million new shares at a price of 533.75 pence each. 5.2 million new shares will be issued from the placing, and 1.3 million pursuant to the WRAP offer. Applications have been made for the new shares to be admitted to trading on the LSE, and JGGI expects these to become effective on or around February 23. Read More
