Publication of a Prospectus and Circular

GENERAL

Mon, Aug 08 2022 08:31 am

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO, THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, IN ANY MEMBER STATE OF THE EEA OR IN ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL

This announcement is not an offer to sell, or a solicitation of an offer to acquire, securities in the United States or in any other jurisdiction in which the same would be unlawful. Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.

Legal Entity Identifier: 5493007C3I0O5PJKR078

5 August 2022

JPMorgan Global Growth & Income plc

Proposed combination with The Scottish Investment Trust PLC

Publication of Prospectus and Circular

The Board of JPMorgan Global Growth & Income plc (the "Company" or "JGGI") announced on 20 October 2021 that it had agreed heads of terms for a combination of the Company with The Scottish Investment Trust PLC ("SCIN") (the "Transaction"), to be implemented through a scheme of reconstruction (the "Scheme") of SCIN pursuant to section 110 of the Insolvency Act 1986 (the "Proposals").

The Board announces that the Company has today published a prospectus (the "Prospectus") in relation to the issue of new ordinary shares in the Company (the "Issue") pursuant to the Scheme ("Scheme Shares"), together with a circular to provide the Company's shareholders (the "JGGI Shareholders") with further details of the Proposals and to convene a general meeting of the Company (the "General Meeting") to seek approval from JGGI Shareholders for the implementation of the Proposals (the "Circular").

In connection with the issue of Scheme Shares pursuant to the Scheme, the Company is required by the Prospectus Regulation to publish a prospectus (the "Prospectus"). The Circular provides details of the Proposals and a notice of the General Meeting at which JGGI Shareholder approval will be sought for a number of matters in connection with the Proposals.

The Prospectus and Circular have been submitted to the Financial Conduct Authority and will shortly be available for inspection at the National Storage Mechanism which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website at http://www.jpmglobalgrowthandincome.co.uk.

Please refer the attached PDF document to view the full announcement.

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