JPMorgan American to place shares at small premium

JPMorgan American Investment Trust, which announced plans on Wednesday to raise funds through a placing, said the shares will be placed at 943p.

JPMorgan American Investment Trust, which announced plans on Wednesday to raise funds through a placing, said the shares will be placed at 943p.

The placing price is a 1.3% premium to the prevailing net asset value (including income and valuing debt at fair value) of the existing ordinary shares at close on Wednesday, October 17th.

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