Issue of Equity

RNS Number : 0862Q

JPMorgan Glb Emerging Mkts Inc Tst

29 July 2010

 



JPMorgan Global Emerging Markets Income Trust plc

Issue of Equity

29 July 2010

Following the closure of the Placing and Offer for Subscription, the Company is pleased to announce that 104,000,000 Ordinary Shares have today been admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities. The proceeds of the issue net of issue costs are £102.32 million.

Applications were received under the Placing for 87,118,065 Ordinary shares and under the Offer for Subscription for 16,881,935 Ordinary shares. Accordingly, applications under both the Placing and Offer were satisfied in full.

For further information please contact:

David Barron / Richard Plaskett

J.P.Morgan Asset Management

Tel: [phone]

James Moseley / Robert Peel

Winterflood Securities

020 310 0000

 

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