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Invesco Enhanced Income Ltd - Results of Scheme


Invesco Enhanced Income Ltd - Results of Scheme
PR Newswire
Circular ) relating to the proposed merger with City Merchants High Yield Trust Limited (
CMHY ) to be effected by way of a shareholder approved contractual scheme of reconstruction (the
Scheme ), the Board of Invesco Enhanced Income Limited (
IPE or the
Company ) is pleased to announce that the Company will transfer approximately £130.2 million of net assets to CMHY under the terms of the Scheme in consideration resulting in the issue of 66,836,392 New CMHY Shares. The number of New CMHY Shares to be issued was calculated based on a Company FAV per Share of 74.6470 pence and a CMHY FAV per Share of 194.8580 pence, producing a conversion ratio of approximately 0.383084, each calculated in accordance with the Scheme. As set out in the Circular, the New CMHY Shares which would otherwise be issued to Restricted Shareholders pursuant to the Scheme will instead be issued to the Liquidators as no ....

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Investegate |Invesco Enh Inco Ltd Announcements | Invesco Enh Inco Ltd: Second Price Monitoring Extn


Second Price Monitoring Extension
A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes.
Following the first price monitoring extension this security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution today. London Stock Exchange electronic order book users have a final opportunity to review the prices and sizes of orders entered in this security prior to the auction execution.
The applicable percentage is set by reference to a security s Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices ....

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