JPMorgan Global Growth & Income plc (JGGI) Ordinary 5p

What is happening?

JPMorgan Global Growth & Income have announced their intention to raise up to £40m via a Placing (for Institutional Investors) and a Retail Offer (for Individual Investors).

JPMorgan Global Growth & Income have decided not to issue a Prospectus as part of the fundraising. This means that the Retail Offer has been limited to the Sterling equivalent of €8 million and may only be open for a number of hours. It also means that information relating to the fundraising is limited to the Company announcement.

• Applications are due to close at 11am on Tuesday 20 February. Due to the nature of the fundraising, applications can close at any time and without prior warning.

• Shares are being offered at a price equal to a 0.60% premium to the last published cum-income NAV per Share prior to the closure of the fundraising. The Issue Price is expected to be announced on 20 February 2024.

• The minimum application for the Retail Offer is £100.

• By applying for shares in the Retail Offer you are deemed to have read, understood and agreed to the HL Retail Offer Risk Warnings, Terms and Conditions and the Company Announcement.

What are my options?

Option 1 – Do Nothing. If you do not return an election by the deadline of 11am Tuesday 20 February, the Offer will lapse.

Option 2 – You can choose to buy new Shares. If you wish to submit an order outside of the product you currently hold your shares, please leave a note in the comments section of the application.

When do I have to decide by?

Any instruction to participate in the Retail Offer must be received by 11am Tuesday 20 February. If no instruction is received the Offer will lapse.

Before submitting an instruction, you should carefully read the Company Announcement, HL Retail Offer Risk Warnings & Terms and Conditions which are attached to the Retail Offer notification. You can find this in the Secure Messaging Centre of your online account.

By submitting an instruction, you are deemed to have read and understood these documents as well as agreed to any terms within.

What happens after I apply?

If you apply for shares you will receive two Secure Messages. The first will confirm your application and be sent shortly after 2pm on Tuesday 20 February. The second will confirm how many shares you have been allocated and be sent once the results have been announced on Wednesday 21 February.

You can view your application in the Pending Orders tab of your online account from midday on Wednesday 21 February.

Your new shares will be credited shortly before 8am on Friday 23 February. This may be delayed in the event the company does not deliver your shares to us by this time.

To assist the Company during the allocation process, we may be required to disclose the number of JPMorgan Global Growth & Income shares you hold with Hargreaves Lansdown. We will do this by calculating the shares held in your Hargreaves Lansdown account at the close of business on Monday 12 February.

It should be noted that a subscription for the Retail Shares and any investment in the Company carry a number of risks. Investors should make their own investigations into the merits of an investment in the Company. This message is not personal advice and is a summary of the JPMorgan Global Growth & Income announcement.

If you require any assistance, please contact our Helpdesk on 0117 900 9000.