5 Jul 2021 11:08
JPMORGAN ELECT PLC
(the "Company")
LONDON STOCK EXCHANGE ANNOUNCEMENT
CANCELLATION OF TREASURY SHARES
Legal Entity Identifier: 549300FIUYKKL39ILD07
The Company announces that it has cancelled from treasury 7,425,546 Managed Growth shares and 13,312,607 Managed Income shares (the "Cancellations").
Following the Cancellations the Company's share capital consists of:
Share Class | Number of Shares | Shares in Treasury | Shares Excluding Those in Treasury | Share Voting Numbers | Voting Rights |
Managed Growth | 30,689,987
| 2,789,998 | 27,899,989 | 8.519 | 237,680,006 |
Managed Income | 83,505,007
| 7,591,364 | 75,913,643 | 0.876 | 66,500,351 |
Managed Cash | 7,555,936
| 0 | 7,555,936 | 1.038 | 7,843,061 |
Total voting rights | 312,023,418 |
In accordance with Article 9 of the Company's Articles of Association, the number of voting rights per shareholder is equal to the relevant Share Voting Number for the respective class of share held, multiplied by the number of shares of that class held by the holder of that class of share.
The Share Voting Number, in respect of a class of share, is defined as the number equal to the Net Asset Value of that pool divided by the number of shares in that pool calculated at the Voting Calculation Date. Voting Calculation Date means the last day of the preceding financial year.
The Share Voting Numbers and the total number of voting rights in the Company remains unchanged and as at 02 July 2021 was 312,023,418.
The Share Voting Numbers used to calculate the Company's voting rights are as follows:
Managed Growth - 8.519
Managed Income - 0.876
Managed Cash - 1.038
The above figure (312,023,418) 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.
To calculate the numerator, shareholders are required to multiply their holding by the relevant Share Voting Number detailed above.
There is no change in the Company's net asset value per share as a result of this action.
05 July 2021
For further information, please contact:
Priyanka Vijay Anand
For and on behalf of JPMorgan Funds Limited
020 7742 4000