IN BRIEF: Scottish Investment delays JPMorgan Global Growth merger

Scottish Investment Trust PLC - Edinburgh-based trust investing in companies with long-term upside potential - Says it is delaying reconstruction and combination with JPMorgan Global Growth & Income PLC to end of the second quarter of 2022 from end of first quarter. This is due to debt workstreams progressing at a slower pace, company says. The trust expects the sale of its property in Edinburgh in the near future.

Current Scottish Investment Trust stock price: 912.48 pence, up 0.4% on Tuesday

12-month change: up 22%

Current JPMorgan Global Growth & Income stock price: 470.60, up 0.8% on Tuesday

12-month change: up 15%

By Tom Budszus; tombudszus@alliancenews.com

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JPMorgan Global Growth & Income