REG-The Diverse Income Trust Plc: Redemption of Ordinary Shares

Diverse Income TrustAnnouncement

07/11/2025 14:30

7 November 2025

 

DIVERSE INCOME TRUST PLC (the "Company")

 

Redemption of Ordinary Shares and Total Voting Rights

 

The Company has a redemption facility through which shareholders can request
the redemption of all or part of their holding of ordinary shares of 0.1 pence
each ("Ordinary Shares") on an annual basis (the "Redemption Facility"). The
operation of the Redemption Facility is entirely at the discretion of the
board of directors of the Company (the "Board"). The deadline for the 29
August 2025 Redemption Point was 29 July 2025.

 

At the Redemption Point, the Board resolved to effect the Redemption using the
redemption pool method set out in the Company's articles of association (the
"Articles"), pursuant to which the Company divided its assets and liabilities
into two pools:

 

(i)                          the redemption pool, consisting of cash,
assets and liabilities attributable to the                     72,822,392
Ordinary                     Shares                     in respect of which
valid redemption requests were made; and

 

(ii)                        all the other cash, assets and liabilities
remained attributable to the continuing shareholders and have continued to be
managed in accordance with the current investment policy.

 

The assets of the Redemption Pool have now been realised in full.

 

The Redemption Price per Ordinary Share equals the aggregate cash received by
the Company upon the realisation of the Redemption Pool, after deducting the
costs of the redemption, and a pro          -          rata share of the costs
and expenses of the Company not attributable to a particular pool, divided by
the number of Redemption Shares.

 

The Redemption Price for the 29 August 2025 Redemption Point is              
      108.84 pence                     per redeemed Ordinary Share including
dividends and bank interest received.                     This capital will
be paid by the Company to the Registrar without delay and despatched to
Redemption shareholders on or around 14 November 2025.

 

Defined terms in the announcement have the same meaning as set out in the
Articles, a copy of which may be obtained from the Company Secretary.

 

 

Contact details:

 

 Premier Miton Group plc                                                    
 Gervais Williams         gervais.williams@premiermiton.com  01483 306090   
 Martin Turner            martin.turner@premiermiton.com                    
 Claire Long              claire.long@premiermiton.com                      
                                                                            
 Panmure Liberum Limited                                                    
 Alex Collins             Alex.collins@panmureliberum.com    020 7886 2767  

 

LEI:                      2138005QFXYHJM551U45

 



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