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IPI Invesco Pty

0.225
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Invesco Pty LSE:IPI London Ordinary Share GB00B02TTS55 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.225 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

INVESCO PROPERTY INCOME TRUST LIMITED - Disposals of Property

19/06/2015 12:23pm

PR Newswire (US)


Invesco Uk Property Income Trust (LSE:IPI)
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Invesco Property Income Trust Limited

HEADLINE:   Disposals of Property

The Directors announce that contracts have been exchanged for the sale of all the group’s remaining property assets to Kildare Partners. Following completion the Directors will implement plans for the orderly and solvent winding up of the Company and its subsidiaries. This will include proposals, subject to the approval of shareholders, for the cancellation of the Company’s listing on the UKLA’s Official List.

The aggregate consideration was less than the amount outstanding to the lending banks and consequently all the consideration will be paid to the lending banks, less an amount retained to meet the expected winding up costs. Following the payment of costs for winding up the group there will be no return to shareholders.

The Annual Financial Report for the year ended 31 March 2015 will be published in due course, together with a notice convening a general meeting at which resolutions will be proposed, inter alia, for the cancellation of the Company’s listing.

All enquiries

Invesco Asset Management Ltd

Angus Pottinger

020 3753 0714

Rory Morrison

020 7543 3500

19 June 2015

Copyright e 19 PR Newswire

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