Transaction Update

RNS Number : 8888Q
JPMorgan Global Growth & Income PLC
30 June 2022
 

 

30 June 2022

 

JPMorgan Global Growth & Income plc

 

Legal Entity Identifier: 5493007C3I0O5PJKR078

 

Proposed combination with The Scottish Investment Trust PLC

 

Transaction Update

 

The Board of JPMorgan Global Growth & Income plc ("JGGI" or the "Company") announces that The Scottish Investment Trust PLC ("SCIN") has today published a Bond Consent Solicitation Memorandum to seek the consent of its bondholders to the substitution of JGGI as the issuer of the bonds in place of SCIN, in connection with the proposed scheme of reconstruction of SCIN and transfer of assets to JGGI (the "Scheme").

 

The SCIN bondholder meeting is expected to be held on 29 July 2022 and, subject to the consent of bondholders, the Scheme documentation is expected to be published shortly thereafter. 

 

 

For further information please contact:

 

JPMorgan Global Growth & Income plc

Tristan Hillgarth

 

Contact via the Company Secretary

JPMorgan Funds Limited

Simon Crinage

Fin Bodman

 

 

+44 (0) 20 7742 3445

+44 (0) 20 7742 8651 

JPMorgan Funds Limited (Company Secretary) 

Divya Amin

 

+44 (0) 20 7742 4000

Winterflood Securities Limited

Neil Langford

Chris Mills

 

+44 (0) 20 3100 0000

 

 

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