SECOND COMPULSORY PARTIAL REDEMPTION OF SHARES
LONDON STOCK EXCHANGE ANNOUNCEMENT
JPMORGAN GLOBAL CORE REAL ASSETS LIMITED
("JARA" or the "Company")
SECOND Compulsory Partial Redemption of Shares
Legal Entity Identifier: 549300D8JHZTH6GI8F97
Further to its announcement of 22 July 2025 confirming its intention to return approximately £85 million to Shareholders by way of a second compulsory partial redemption of Shares, the Board of JARA confirms that the Company has now redeemed 95,613,410 Shares (representing approximately 55.9 per cent. of the Company's issued share capital) for cancellation at a Redemption Price of 89.116731 pence per Share. The redeemed Shares were disabled in CREST after close of business on 7 August 2025, and the ISIN relating thereto, GG00BP6KKQ44, expired at the same time.
Fractions of Shares produced by the applicable redemption ratio have not been redeemed and therefore the number of Shares redeemed in respect of each Shareholder has been rounded down to the nearest whole number of Shares.
Payments of redemption monies are expected to be effected either through CREST (in the case of Shares held in uncertificated form) or by cheque (in the case of Shares held in certificated form) in pounds Sterling by 21 August 2025. Any certificates currently in circulation will be superseded by a new certificate which will be distributed to Shareholders.
The new ISIN, GG00BS9CXW59, in respect of the remaining Shares which have not been redeemed (the "New ISIN") has been enabled and is available for transactions from and including 8 August 2025. CREST will automatically transform any open transactions as at the Redemption Date into the New ISIN.
Following the redemption, the Company has 75,458,150 Shares in issue and does not hold any Shares in Treasury. Therefore, the total number of voting rights in the Company is 75,458,150 and 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 FCA's Disclosure Guidance and Transparency Rules.
Shareholders should note that the Board retains absolute discretion as to the execution, extent and timing of any further redemptions.
Capitalised terms used but not defined in this announcement will have the same meaning as set out in the Circular.
8 August 2025
For further information, please contact:
Emma Lamb / Neil Martin / William Talkington
For and on behalf of
JPMorgan Funds Limited - Company Secretary and Manager
Telephone: 0800 20 40 20 (or +44 1268 44 44 70)
E-mail: jpmam.investment.trusts@jpmorgan.com
David Yovichic / Tom Skinner
Investec Bank plc - Broker
Telephone: 020 7597 4000
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 1 day ago Savannah Energy
- 1 day ago Buccaneer Energy PLC
- 1 day ago Savannah Energy
- 1 day ago Carclo
- 1 day ago Schroder Japan Growth Fund