Company Announcements

Rejection of Subscription Exercise

Source: RNS
RNS Number : 9031J
Jupiter Green Investment Trust Plc
09 April 2024
 

Jupiter Green Investment Trust PLC (the 'Company')

Legal Entity Identifier: 549300MFRCR13CT1L845

 

                    

Rejection of annual subscription exercise for Ordinary shares

Jupiter Green Investment Trust Plc's Articles of Association state that each year shareholders are entitled to subscribe for new ordinary shares on the basis of one new ordinary share for every ten held.

This year's shareholder circular stated that due to the exercise price being above the prevailing market price, that Shareholders should consider carefully their options and seek financial advice if unsure of their position, despite this, a small number of shareholders submitted applications for the subscription, representing 9,969 of the Ordinary Shares available.

The primary role of the directors is to protect shareholder's interests and the Board has therefore decided to reject the 2024 subscriptions.

As such at close of business on 8 April 2024, the Company's issued share capital comprises 33,724,958 Ordinary shares, carrying one vote each, of which 14,635,175 are held in Treasury. Therefore the total number of Ordinary shares with voting rights in the Company is 19,089,783.

The above figure (19,089,783) 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 Financial Conduct Authority's Disclosure and Transparency Rules.

 

 

The Directors

Jupiter Green Investment Trust Plc

 

For further information, please contact:

Jupiter Asset Management

Company Secretary

investmentcompanies@jupiteram.com

020 3817 1000

 

 

9 April 2024

www.jupiteram.com/JGC

 

 

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