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
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Contact via the Company Secretary |
JPMorgan Funds Limited Simon Crinage Fin Bodman
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+44 (0) 20 7742 3445 +44 (0) 20 7742 8651 |
JPMorgan Funds Limited (Company Secretary) Divya Amin
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+44 (0) 20 7742 4000 |
Winterflood Securities Limited Neil Langford Chris Mills
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+44 (0) 20 3100 0000 |