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Transaction in Own Shares

7th Oct 2016 17:19

RNS Number : 0454M
JPMorgan Elect PLC
07 October 2016
 

 

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

 

JPMORGAN ELECT PLC

 

REPURCHASE OF SHARES

 

 

 

Managed Income

JPMorgan Elect plc purchased 28,325 Managed Income shares into Treasury at 103.62 pence per share.

 

Following the transaction the Company holds 2,470,961 Managed Income shares in Treasury. The remaining Managed Income shares in issue less the total number of Treasury shares is 51,434,324.

 

Managed Growth

JPMorgan Elect plc has today purchased 10,384 Managed Growth shares into Treasury at 668.61 pence per share.

 

Following the transaction the Company holds 3,804,000 Managed Growth shares in Treasury. The remaining Managed Growth shares in issue less the total number of Treasury shares is 33,674,617.

 

The Company will only re-issue shares held in treasury at a premium to net asset value.

 

 

7 October 2016

 

For further information, please contact:

 

Rhys Williams

JPMorgan Funds Limited - Secretary

Telephone 020 7742 4000

 

Julian Dixon

Winterflood Securities - Stockbrokers to the Company

020 3100 0253

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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