REG - Invesco Markets PLC - NOTICE TO SHAREHOLDERS

AbrdnAnnouncement

12/04/2024 15:45

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RNS Number : 4955K  Invesco Markets PLC  12 April 2024

               Invesco Markets plc

Ground Floor, 2 Cumberland Place, Fenian Street,  Dublin 2, Ireland

               Telephone +353 1 439 8000

               www.invesco.com

 12 April 2024

 

 

12 April 2024

NOTICE TO SHAREHOLDERS

 

RE:             Index methodology change relating to Invesco
S&P 500 ESG UCITS ETF (the "Fund")

 

 Share class                                    ISIN
 Invesco S&P 500 ESG UCITS ETF Acc              IE00BKS7L097
 Invesco S&P 500 ESG UCITS ETF EUR Hdg Acc      IE000QF66PE6

 

 

 

Dear Shareholder

 

 

We are writing to you as a Shareholder of the Fund, a sub-fund of Invesco
Markets plc (the "Company"), to inform you of the following changes (the
"Changes") impacting the Fund following a recent consultation issued by
S&P DJI (the "Index Provider").

 

Changes

 

1.     The S&P 500 ESG Index, the reference index tracked by the Fund
(the "Reference Index") will transition away from using S&P DJI ESG Scores
to S&P Global ESG Scores. There will be no change to how the score is used
within the methodology of the Reference Index. The S&P Global ESG Score
measures a company's performance on and management of material ESG risks,
opportunities, and impacts informed by a combination of company disclosures,
media and stakeholder analysis, modelling approaches, and in-depth company
engagement via the S&P Global Corporate Sustainability Assessment (CSA).

 

2.     The Index Provider will also transition the Business Involvement
Screens data source from Sustainalytics' Product Involvement Screens to
S&P Global's Business Involvement Screens. Existing screens will be
replaced by the direct equivalent in the new data set and no modifications
will be made to the existing levels of involvement.

 

3.     The Index Provider is revising the quarterly review process so that
securities can be removed from the Reference Index outside of the quarterly
rebalancing schedule of the Reference Index, if they are assessed to be
"Non-Compliant" with United Nations Global Compact requirements by the Index
Provider.

 

Further information about the Changes can be found on the Index Provider's
website:

 

-
https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-esg-index-series.pdf
(https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-esg-index-series.pdf)

-
https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20240123-1470260/1470260_ungc-fast-exit-methodology-update-1-23-2024.pdf
(https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20240123-1470260/1470260_ungc-fast-exit-methodology-update-1-23-2024.pdf)
 

-      1470259_sp-glb-bis-glb-esg-scores-consult-results-1-23-2024.pdf
(spglobal.com)
(https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20240123-1470259/1470259_sp-glb-bis-glb-esg-scores-consult-results-1-23-2024.pdf)

 

 

 

 

Effective date of the Changes

 

The Changes to the Reference Index will take effect on the open of 1 May 2024.
The Supplement of the Fund will be amended to reflect the above mentioned
changes in due course. Should you wish to redeem your shareholding as a result
of the changes, you may do so in accordance with the dealing provisions
outlined in the Prospectus.

 

General

 

Shareholders may obtain the Prospectus, the key information document, the
latest annual and semi- annual reports and copies of the constitution of the
Company free of charge from the registered office of the Manager or the local
representatives in the countries where the Company is registered as well as
from the German information agent, Marcard Stein & Co AG, Ballindamm 36,
20095 Hamburg, Germany and on the website of the Company - etf.invesco.com or
- limited to the Prospectus, the key information documents - on the website of
the relevant stock exchange where the Shares are listed (for Italy, on the
website of Borsa Italiana S.p.a. www.borsaitaliana.it). In Switzerland, the
Prospectus, the key information documents, the latest annual and semi-annual
reports and copies of the M&A may be obtained free of charge from the
Swiss Representative and Paying Agent, BNP Paribas, Paris, Zurich branch,
Selnaustrasse 16, 8002 Zurich, Switzerland.

 

All capitalised terms used in this notice shall bear the same meaning as the
capitalised and defined terms used in the Prospectus and Supplement.

 

Yours faithfully

 

___________________

Name: Feargal Dempsey

Title: Director

Date: 12 April 2024

For and on behalf of

Invesco Markets plc

 

 

 

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