Net Asset Value(s)

RNS Number : 3422K

JPMorgan Global Growth & Income PLC

20 December 2022

 

JPMORGAN GLOBAL GROWTH & INCOME PLC (the 'Company')
Legal Entity Identifier: 5493007C3I0O5PJKR078
THE COMPANY ANNOUNCES THE UNAUDITED NET ASSET VALUE (NAV) As at:  19 December 2022
THE NET ASSET VALUE PER ORDINARY SHARE IN PENCE, INCLUDING INCOME WITH DEBT AT FAIR VALUE:	421.92
THE NET ASSET VALUE PER C SHARE IN PENCE, INCLUDING INCOME WITH DEBT AT FAIR VALUE:	950.32
The above NAV includes the assets transferred across as part of the S110 Scheme of Arrangement between the JPMorgan Elect plc ("Elect") and JPMorgan Global Growth and Income plc ("JGGI"), the results of which were announced yesterday 19 December 2022 via RNS. The NAV also includes the shares approved for allotment by the board of JGGI at the general meeting held on 19 December, in exchange for the Scheme assets transferred across to JGGI by Elect and its liquidator FRP Advisory Trading Limited. These 18,566,416 new ordinary shares and 26,422,789 new C shares were listed and commenced dealing at 08:00 this morning 20 December 2022. The total new share count of the company is 347,124,876 ordinary shares. This should be considered the first NAV of the company post completion of the Scheme.
The debt has been fair valued using discounted cash flow techniques based on the yield from a similar dated gilt plus a margin based on the iBoxx Corporate A Index spread
Name of contact and telephone number for queries:
Paul Ainger 0044 207 742 6524
Name of authorised company official responsible for making this notification:
Divya Amin 0044 207 742 1025 - Company Secretary
Date: 20 December 2022

 

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