TIDMJPE TIDMJPEI TIDMJPEC

RNS Number : 2028K

JPMorgan Elect PLC

19 December 2022

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION FOR WHICH THE SAME COULD BE UNLAWFUL.

JPMORGAN ELECT PLC

Scheme Entitlements

Legal Entity Identifier: 549300FIUYKKL39ILD07

Following the passing of the special resolutions put forward at the Company's First General Meeting and Second General Meeting, the Board of the Company is pleased to announce the Scheme entitlements as at the Calculation Date and as calculated in accordance with the terms of the Scheme as set out in the circular published by the Company dated 15 November 2022 as follows:

   --    JPE FAV per Growth Share: 978.00p 
   --    JPE FAV per Income Share: 99.96p 
   --    JPE FAV per Cash Share: 103.24p 
   --    JGGI FAV per Ordinary Share: 434.30p 
   --    Resultant conversion ratios:

o JPE Growth to JGGI C Share: 1.000000:1

o JPE Income to JGGI Ordinary Share: 0.230158:1

o JPE Cash to JGGI Ordinary Share: 0.237709:1

Applications have been made by JPMorgan Global Growth & Income plc for the New JGGI Shares to be admitted to the premium segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange (together, "Admission"). It is expected that Admission will take place at 8.00am on 20 December 2022.

For further information please contact:

 
 FRP Advisory 
  Gareth Morris                 0117 203 3700 
 Numis (Financial Adviser) 
  Hugh Jonathan 
  Nathan Brown 
  Matt Goss                     020 7260 1000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCZZMMZFLKGZZM

(END) Dow Jones Newswires

December 19, 2022 08:29 ET (13:29 GMT)

Jpmorgan Elect (LSE:JPE)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Jpmorgan Elect Charts.
Jpmorgan Elect (LSE:JPE)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Jpmorgan Elect Charts.