Invesco Select Trust Plc Conversion of Securities

 
TIDMIVPB TIDMIVPG TIDMIVPM TIDMIVPU 
 
INVESCO SELECT TRUST PLC 
 
LEI: 549300JZQ39WJPD7U596 
 
Headline:   Conversion of Shares 
 
The Board of Invesco Select Trust plc (the 'Company') announces that valid 
Conversion Notices have been received in respect of: 
 
               262,977 UK Equity Shares 
 
                 96,769 Global Equity Income Shares 
 
                 54,780 Balanced Risk Allocation Shares 
 
                   8,814 Managed Liquidity Shares 
 
The respective Conversion Ratios were as follows: 
 
-    For every UK Equity Share converted, holders will receive 0.726729 Global 
Equity Income Shares, 1.186835 Balanced Risk Allocation Shares or 1.736481 
Managed Liquidity Shares; 
 
-    For every Global Equity Income Share converted, holders will receive 
1.376029 UK Equity Shares, 1.633120 Balanced Risk Allocation Shares or 2.389448 
Managed Liquidity Shares; 
 
-    For every Balanced Risk Allocation Share converted, holders will receive 
0.842577 UK Equity Shares, 0.612325 Global Equity Income Shares or 1.463118 
Managed Liquidity Shares; and 
 
-    For every Managed Liquidity Share converted, holders will receive 0.575877 
UK Equity Shares, 0.418507 Global Equity Income Shares or 0.683472 Balanced 
Risk Allocation Shares. 
 
The Conversion Ratios, which will be effective on 1 February 2023, are based on 
the relative net asset values of the Company's Share classes as at close of 
business on 19 January 2023. 
 
Individual Shareholders' entitlements on conversion on 1 February 2023 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 December 2022 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: 
 
                -106,666 UK Equity Shares 
 
                 +63,131 Global Equity Income Shares 
 
                 +20,432 Balanced Risk Allocation Shares 
 
                   +4,478 Managed Liquidity Shares 
 
                 +72,253 Deferred Shares 
 
As at 30 January 2023, the total number of listed shares in issue (excluding 
shares held in treasury) is: 
 
              69,800,692 UK Equity Shares 
 
              24,927,486 Global Equity Income Shares 
 
                4,203,149 Balanced Risk Allocation Shares 
 
                1,229,900 Managed Liquidity Shares 
 
Following conversion, the total number of listed Shares in issue (excluding 
shares held in treasury) will be: 
 
              69,694,026 UK Equity Shares 
 
              24,990,617 Global Equity Income Shares 
 
                4,223,581 Balanced Risk Allocation Shares 
 
                1,234,378 Managed 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: 
 
               156,311 UK Equity Shares 
 
               159,900 Global Equity Income Shares 
 
                 75,212 Balanced Risk Allocation Shares 
 
                 13,292 Managed Liquidity Shares 
 
Dealings in such shares are expected to commence at 8.00 a.m. on 2 February 
2023. It is expected that Certificates in respect of the Resulting Shares will 
be posted by 10 February 2023. 
 
The Deferred Shares arising on the conversion will be cancelled. 
 
All as formally approved by the Board on 30 January 2023. 
 
Contact: 
 
James Poole 
 
Senior Company Secretary 
 
Invesco Asset Management Limited 
 
0207 543 3559 
 
 
 
END 
 
 

(END) Dow Jones Newswires

January 30, 2023 07:51 ET (12:51 GMT)