Invesco Bond Income Plus Limited Issues 400,000 Shares at 168.00p
Invesco Bond Income Plus Limited has issued and allotted 400,000 new ordinary shares at an issue price of 168.00p per share. The transaction was completed under the trust's block listing facility, bringing the total number of ordinary shares in issue to 297,534,911.
The share placement represents a routine tap issuance designed to satisfy ongoing secondary market demand. Releasing additional supply helps maintain secondary market liquidity and aligns with the fund's ongoing capital management strategy.
Looking ahead, further significant operational developments would depend on subsequent share issuances of larger scale, allotments priced at a notable premium to net asset value, or guidance regarding the deployment of raised capital.
Key points
- Invesco Bond Income Plus Limited allotted 400,000 ordinary shares at 168.00p per share.
- The fund's total ordinary shares in issue increased to 297,534,911 following the transaction.
- The shares were issued under a block listing facility to meet secondary market demand.
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How many shares did Invesco Bond Income Plus Limited issue?
Invesco Bond Income Plus Limited issued 400,000 ordinary shares at a price of 168.00p per share.
What is the updated total share count for Invesco Bond Income Plus Limited?
Following the issuance, the total number of ordinary shares in issue rose to 297,534,911.
Why were new shares issued by Invesco Bond Income Plus Limited?
The new ordinary shares were allotted under a block listing facility as a routine tap issuance to meet ongoing demand in the secondary market.