The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIVPM.L Regulatory News (IVPM)

  • There is currently no data for IVPM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Conversion of Securities

30 Oct 2020 14:23

Invesco Perpetual Select Trust Plc - Conversion of Securities

Invesco Perpetual Select Trust Plc - Conversion of Securities

PR Newswire

London, October 30

INVESCO PERPETUAL SELECT TRUST PLC

LEI: 549300JZQ39WJPD7U596

Headline: Conversion of Shares

The Board of Invesco Perpetual Select Trust plc (the ‘Company’) announces that valid Conversion Notices have been received in respect of:

21,750UK Equity Shares
10,185Global Equity Income Shares
155,742Balanced Risk Allocation Shares
380,777Managed Liquidity Shares

The respective Conversion Ratios were as follows:

- For every UK Equity Share converted, holders will receive 0.778190 Global Equity Income Shares, 0.995878 Balanced Risk Allocation Shares or 1.385534 Managed Liquidity Shares;

- For every Global Equity Income Share converted, holders will receive 1.285034 UK Equity Shares, 1.279737 Balanced Risk Allocation Shares or 1.780458 Managed Liquidity Shares;

- For every Balanced Risk Allocation Share converted, holders will receive 1.004139 UK Equity Shares, 0.781410 Global Equity Income Shares or 1.391269 Managed Liquidity Shares;

- For every Managed Liquidity Share converted, holders would receive 0.721743 UK Equity Shares, 0.561653 Global Equity Income Shares or 0.718768 Balanced Risk Allocation Shares.

The Conversion Ratios, which will be effective on 2 November 2020, are based on the relative net asset values of the Company’s Share classes as at close of business on 22 October 2020.

Individual Shareholders’ entitlements on conversion on 2 November 2020 will be rounded down to the nearest whole number of Shares. Fractional entitlements will be aggregated and sold in the market. The Shares arising or allotted pursuant to the conversion will rank pari passu with the existing Shares of the relevant class and, for the avoidance of doubt, will not rank for the dividends declared on 6 October 2020 in respect of the UK Equity and Global Equity Income Shares.

The net changes to the number of shares outstanding following the conversion and allotments are as follows:

+122,471UK Equity Shares
+210,904Global Equity Income Shares
-147,022Balanced Risk Allocation Shares
-340,649Managed Liquidity Shares
+168,689Deferred Shares

Following the conversion, the total number of listed Shares in issue (excluding shares held in treasury) will be:

29,501,720UK Equity Shares
26,587,022Global Equity Income Shares
5,086,506Balanced Risk Allocation Shares
2,720,683Managed Liquidity Shares

The Company has applied for the following numbers of Shares arising or allotted pursuant to conversion to be admitted to the Official List and to trading on the London Stock Exchange:

144,221UK Equity Shares
221,089Global Equity Income Shares
8,720Balanced Risk Allocation Shares
40,128Managed Liquidity Shares

Dealings in such shares are expected to commence at 8.00 a.m. on 3 November 2020. It is expected that Certificates in respect of the Resulting Shares will be posted by 16 November 2020.

The Deferred Shares arising on the conversion will be cancelled.

All as formally approved by the Board on 30 October 2020.

.

30 October 2020

Contact: Paul Griggs 020 3753 1000

Date   Source Headline
28th Apr 20231:38 pmPRNConversion of Securities
28th Apr 202312:12 pmPRNNet Asset Value(s)
1st Jun 20222:38 pmPRNTotal Voting Rights
1st Jun 202212:27 pmPRNNet Asset Value(s)
31st May 202212:09 pmPRNNet Asset Value(s)
30th May 202212:19 pmPRNNet Asset Value(s)
27th May 202211:52 amPRNNet Asset Value(s)
26th May 20223:43 pmPRNDirector/PDMR Shareholding
26th May 202212:07 pmPRNNet Asset Value(s)
25th May 202212:27 pmPRNNet Asset Value(s)
24th May 202211:57 amPRNNet Asset Value(s)
23rd May 202212:10 pmPRNNet Asset Value(s)
14th Apr 202212:23 pmPRNNet Asset Value(s)
13th Apr 202212:00 pmPRNNet Asset Value(s)
12th Apr 202212:09 pmPRNNet Asset Value(s)
12th Apr 20227:00 amPRNDividend Declaration
11th Apr 202212:18 pmPRNNet Asset Value(s)
8th Apr 202212:22 pmPRNNet Asset Value(s)
7th Apr 202212:24 pmPRNNet Asset Value(s)
6th Apr 202212:02 pmPRNNet Asset Value(s)
5th Apr 202211:42 amPRNNet Asset Value(s)
4th Apr 202212:02 pmPRNNet Asset Value(s)
1st Apr 20221:15 pmPRNTotal Voting Rights
1st Apr 202211:50 amPRNNet Asset Value(s)
31st Mar 202212:36 pmPRNNet Asset Value(s)
30th Mar 202211:39 amPRNNet Asset Value(s)
29th Mar 202211:51 amPRNNet Asset Value(s)
28th Mar 202212:15 pmPRNNet Asset Value(s)
25th Mar 202211:57 amPRNNet Asset Value(s)
24th Mar 202212:32 pmPRNNet Asset Value(s)
23rd Mar 202211:41 amPRNNet Asset Value(s)
22nd Mar 202212:02 pmPRNNet Asset Value(s)
21st Mar 202212:36 pmPRNNet Asset Value(s)
18th Mar 202212:40 pmPRNNet Asset Value(s)
17th Mar 202212:08 pmPRNNet Asset Value(s)
16th Mar 202212:15 pmPRNNet Asset Value(s)
15th Mar 202212:22 pmPRNNet Asset Value(s)
14th Mar 20221:40 pmPRNNet Asset Value(s)
11th Mar 202212:01 pmPRNNet Asset Value(s)
10th Mar 202212:24 pmPRNNet Asset Value(s)
9th Mar 202212:36 pmPRNNet Asset Value(s)
8th Mar 202212:01 pmPRNNet Asset Value(s)
7th Mar 202211:49 amPRNNet Asset Value(s)
4th Mar 202212:10 pmPRNNet Asset Value(s)
3rd Mar 202212:34 pmPRNNet Asset Value(s)
2nd Mar 202211:53 amPRNNet Asset Value(s)
1st Mar 20224:25 pmPRNTotal Voting Rights
1st Mar 202211:47 amPRNNet Asset Value(s)
28th Feb 202212:30 pmPRNNet Asset Value(s)
25th Feb 202211:43 amPRNNet Asset Value(s)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.