Result of Offer
The Issue Price has been set at 168.4Â pence per new Ordinary Share.
Invesco Bond Income Plus Limited (BIPS) has successfully raised gross proceeds of £13.35 million, through its Placing and WRAP retail offer.
Application has been made for 7,926,727 new Ordinary Shares to be admitted to trading on the London Stock Exchange's Main Market.
Allocations have been met in full, meaning customers will receive 100% of the amount they applied for rounded down to the nearest whole share.
Share allocations and uninvested cash are being credited today (Thursday 8 February 2024). Confirmation of allocations will be sent once the shares and refunds are showing on accounts.
Please note the allocation policy was set by BIPSÂ and not Interactive Investor.
Offer period
- The Offer Period for the Invesco Bond Income Plus Limited Share Offer closed at 10am on Wednesday 7 February 2024.
Trading starts
- Admission and unconditional dealing in the new Ordinary Shares is expected to commence at 8am on Monday 12 February 2024. There is no conditional dealing period.
- When admitted to trading, the new Ordinary Shares will be registered with SEDOL (Stock Exchange Daily Official List) number B6RMDP6 and trade under the symbol "BIPS".
- If you buy or sell Invesco Bond Income Plus Limited Shares after admission the relevant share dealing rate will apply.
Key information
| Issue price per share: | 168.4 pence* |
| Minimum investment: | £100 (multiples of £1 thereafter) |
| Stock ticker: | BIPS |
| SEDOL: | B6RMDP6 |
* The Issue Price was equal to a 0.75% premium to the cum-income Net Asset Value (NAV) per Share as at 5 February 2024.
Expected timetable
| Offer open: | 24 January 2024 |
| Offer close: | 7 February 2024 (10am) |
| Result announced: | 8 February 2024 |
| Unconditional dealing starts: | 12 February 2024 (8am) |
Offer documents
This website is issued by, and is the sole responsibility of, Interactive Investor Services Limited.
No offering document, prospectus or admission document has been or will be prepared or submitted to be approved by the Financial Conduct Authority (or any other authority) in relation to the Retail Offer, and investors' commitments will be made solely on the basis of the information contained in the announcement of the Company dated 24 January 2024 and headed "Retail Offer" and information that has been published by or on behalf of the Company prior to the date of that announcement by notification to a Regulatory Information Service in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the Market Abuse Regulation (EU Regulation No. 596/2014) ("MAR") and MAR as it forms part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018 (as amended).
Investors should make their own investigations into the merits of an investment in the Company. Nothing in this announcement amounts to a recommendation to invest in the Company or amounts to investment, taxation or legal advice.
It should be noted that a subscription for new Ordinary Shares and investment in the Company carries a number of risks, including the risk that investors may lose their entire investment. Investors should take independent advice from a person experienced in advising on investment in securities such as the new Ordinary Shares if they are in any doubt.
An investment in the Company will place capital at risk. The value of investments, and any income, can go down as well as up, so investors could get back less than the amount invested.
Neither past performance nor any forecasts should be considered a reliable indicator of future results.
"Invesco Bond Income Plus Limited" and the Invesco Bond Income Plus Limited logo are reproduced by kind permission of Invesco Bond Income Plus Limited. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of 201 Deansgate, Manchester, M3Â 3NW, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.