Invesco Income
Growth Trust plc (the “Company” or “IIGT”)
Scheme
Entitlements
Following the passing of the special resolutions put forward at
the Company's First General Meeting and Second General Meeting, the
Board of the Company is pleased to announce that as at the
Calculation Date and calculated in accordance with the terms of the
Scheme as set out in the circular published by the Company dated
30 March 2021 (the "Circular"):
-
the IIGT FAV per Share is 299.96
pence (being the amount per Share for those IIGT
Shareholders having elected, or deemed to have elected, for the
Rollover Option);
-
the IST UK FAV per Share is 183.89
pence (being the amount per IST UK Equity Share used in
determining the number of new IST UK Equity Shares to be issued to
those IIGT Shareholders having elected, or deemed to have elected,
for the Rollover Option);
-
the conversion ratio is 1.63119256 new IST UK Equity Shares for
each Share elected, or deemed to have elected, for the Rollover
Option; and
-
the Cash Pool NAV per Share is 291.25
pence (being the amount per Share for those IIGT
Shareholders having elected, or deemed to have elected, for the
Cash Option).
Accordingly, for Shareholders that elected, or are deemed to
have elected, for the Rollover Option:
And for Shareholders that elected, or are deemed to have
elected, for the Cash Option:
Applications have been made by Invesco Select Trust plc to the
Financial Conduct Authority and the London Stock Exchange for the
listing and admission to trading of the new IST UK Equity Shares to
be effective at 8.00 a.m. on
26 April 2021.
Terms used and not defined in this announcement have the
meanings given in the Circular unless the context otherwise
requires.
Enquiries:
J.P. Morgan
Cazenove
+44 (0) 20 7742 4000
William Simmonds
Invesco Asset Management
Limited +44
(0) 20 3753 1000
Angus Pottinger
Will
Ellis
LEI: 549300DI4285Q8ZFO135