Combination with Henderson International Income Trust plc

Results of the Scheme and Issue of Scheme Shares

Results of the Scheme and Issue of Scheme Shares

The Board of JPMorgan Global Growth & Income plc (the “Company” or “JGGI“) is pleased to announce that the Company will acquire substantially all of the net assets from Henderson International Income Trust plc (“HINT“) in exchange for the issue of 64,261,713 new shares in the capital of JGGI (“Scheme Shares“) in connection with the voluntary winding up of HINT pursuant to a scheme of reconstruction under section 110 of the Insolvency Act 1986 (the “Scheme“) following the passing today of the resolution proposed at the Second General Meeting of HINT.

28 May 2025

The dividend policy is to make quarterly distributions with the intention of paying dividends totalling at least 4 per cent. of its NAV per Share as at the end of the preceding financial year, funded by distributable reserves where necessary. This policy provides the Investment Manager with the flexibility to adapt the portfolio to meet different market environments, which aligns favourably with HINT’s recently enhanced investment and distribution policy. JGGI’s policy has resulted in an annualised dividend growth rate of 7.2 per cent. since the start of the 2018 financial year.

Until the amalgamation of HINT completes there will be some churn.