TIDMJGGI

RNS Number : 8888Q

JPMorgan Global Growth & Income PLC

30 June 2022

30 June 2022

JPMorgan Global Growth & Income plc

Legal Entity Identifier: 5493007C3I0O5PJKR078

Proposed combination with The Scottish Investment Trust PLC

Transaction Update

The Board of JPMorgan Global Growth & Income plc ("JGGI" or the "Company") announces that The Scottish Investment Trust PLC ("SCIN") has today published a Bond Consent Solicitation Memorandum to seek the consent of its bondholders to the substitution of JGGI as the issuer of the bonds in place of SCIN, in connection with the proposed scheme of reconstruction of SCIN and transfer of assets to JGGI (the "Scheme").

The SCIN bondholder meeting is expected to be held on 29 July 2022 and, subject to the consent of bondholders, the Scheme documentation is expected to be published shortly thereafter.

For further information please contact:

 
 JPMorgan Global Growth & Income plc           Contact via the Company 
  Tristan Hillgarth                             Secretary 
 JPMorgan Funds Limited 
  Simon Crinage                                  +44 (0) 20 7742 3445 
  Fin Bodman                                     +44 (0) 20 7742 8651 
 JPMorgan Funds Limited (Company Secretary) 
  Divya Amin                                   +44 (0) 20 7742 4000 
 Winterflood Securities Limited 
  Neil Langford 
  Chris Mills                                  +44 (0) 20 3100 0000 
 

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(END) Dow Jones Newswires

June 30, 2022 10:42 ET (14:42 GMT)

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