28 Feb 2022 16:55
JPMORGAN ELECT PLC
(the 'Company')
Update to Share Conversion - Replacement
Legal Entity Identifier: 549300FIUYKKL39ILD07
The 'Conversion of Securities' announcement released on 28th February 2022 at 09.02 under RNS no. 0066D contained incorrect figures in relation to the applications to be made for the Managed Growth Shares, Managed Income Shares and the Managed Cash Shares to be admitted on the premium segment of the Official List and to trading on the London Stock Exchange in the second paragraph of the announcement. The correct figures were 2,033 Managed Growth Shares, 56,151 Managed Income Shares and 194,049 Managed Cash Shares. These three figures have been corrected and the full text of the corrected announcement in respect of the share conversion is below:
Further to the announcement released on 23rd February 2022, the conversion of 21,650 Managed Growth Shares, 42,553 Managed Income Shares and 10,410 Managed Cash Shares in respect of which Conversion Notices had been received is now expected to take place at 8.00 a.m. on 3rd March 2022.
In connection with the conversion, the Company will apply for 2,033 Managed Growth Shares, 56,151 Managed Income Shares and 194,049 Managed Cash Shares, to be admitted to the premium segment of the Official List and to trading on the London Stock Exchange. Dealings in such shares are expected to commence at 8.00 a.m. on 3rd March 2022. It is expected that Certificates in respect of the resulting shares will be posted by 14th March 2022.
There has been no change to the timing and process of the repurchase of the 177,028 Managed Cash Shares, as announced 23rd February 2022.
Terms used in this announcement shall, unless the context otherwise requires, bear the meaning given to them in the Company's articles of association.
28th February 2022
For further information:
For and on behalf of
JPMorgan Funds Limited
Neil Martin 020 7742 3436
Client Director
Priyanka Vijay Anand
Company Secretary 020 3493 1504