The Board of Invesco Perpetual UK Smaller Companies Investment Trust Plc has announced a proposed elective return of funds to shareholders, in respect of up to 10% of the Company’s issued shares.
The return of funds is proposed to be implemented through an elective Special Dividend whereby, on the condition that they give up the corresponding part of their shareholdings, all shareholders will be offered an opportunity to elect to receive the Special Dividend in respect of each share elected, which will amount to 97.5% of the Net Asset Value per share as at 17th September 2024.
As such, shareholders have the following options:
- Do nothing and continue to hold all their shares; or
- Elect to receive the Special Dividend, on the basis that they give up a part of their holding and the entitlement to future regular dividends on such part of that holding.
Please note that the Special Dividend will be wholly treated as income and not as a return of capital.
For more information, visit https://www.invesco.com/uk/en/investment-trusts/invesco-perpetual-uk-smaller-companies-investment-trust-plc.html
Corporate Action Administration
Direct Line – 0161-819-4850 | Email: caisa@pilling.co.uk