LONDON STOCK EXCHANGE
ANNOUNCEMENT
JPMORGAN GLOBAL CORE REAL
ASSETS LIMITED
("JARA" or the
"Company")
Compulsory Partial Redemption
of Shares
Legal Entity Identifier:
549300D8JHZTH6GI8F97
Further to its announcement of 6
February 2025 confirming its intention to return approximately
£33.7m to Shareholders by way of a compulsory partial redemption of
Shares, the Board of JARA confirms that the Company has now
redeemed 34,748,578 Shares (representing approximately 16.88 per
cent. of the Company's issued share capital) for cancellation at a
Redemption Price of 97.0465 pence per
Share. The redeemed Shares were disabled in CREST after close of
business on 27 February 2025, and the ISIN relating thereto,
GG00BJVKW831, expired at the same time.
Fractions of Shares produced by the
applicable redemption ratio have not been redeemed and therefore
the number of Shares redeemed in respect of each Shareholder has
been rounded down to the nearest whole number of Shares.
Payments of redemption monies are
expected to be effected either through CREST (in the case of Shares
held in uncertificated form) or by cheque (in the case of Shares
held in certificated form) in pounds Sterling by 19 March 2025. Any
certificates currently in circulation will be superseded by a new
certificate which will be distributed to Shareholders.
The new ISIN, GG00BP6KKQ44, in
respect of the remaining Shares which have not been redeemed (the
"New ISIN") has been enabled and is available for transactions from
and including 28 February 2025. CREST will automatically transform
any open transactions as at the Redemption Date into the New
ISIN.
Following the redemption, the
Company has 171,071,560 Shares in issue and does not hold any
Shares in Treasury. Therefore, the total number of voting rights in
the Company is 171,071,560 and may be used by Shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
Shareholders should note that the
Board retains absolute discretion as to the execution, extent and
timing of any further redemptions.
Capitalised terms used but not
defined in this announcement will have the same meaning as set out
in the Circular.
28 February 2025
For further information, please
contact:
Emma Lamb / Neil Martin / William
Talkington
For and on behalf of
JPMorgan Funds Limited - Company
Secretary
Telephone 0800 20 40 20 (or +44 1268
44 44 70)
E-mail: invtrusts.cosec@jpmorgan.com
David Yovichic / Tom
Skinner
Investec Bank plc -
Broker
Telephone: 020 7597 4000
