REG - Henderson Div Income - Share buy-back programme

Henderson Diversified Income TrustAnnouncement

17/12/2018 14:45

RNS Number : 7209K
Henderson Diversified Income TstPLC
17 December 2018
 


HENDERSON INVESTMENT FUNDS LIMITED
HENDERSON DIVERSIFIED INCOME TRUST PLC
LEGAL ENTITY IDENTIFIER: 213800RV2228EO1JEN02
17 December 2018
 
HENDERSON DIVERSIFIED INCOME TRUST PLC
Share buy-back programme
 
 
Henderson Diversified Income Trust plc (the Company) is amending its disclosure policy to include on a regulatory information services (RIS) details of its share buyback powers which it renews annually. It is expected similar announcements will be made every time the share buyback authority is renewed.
 
The Company announces that it has authority to repurchase a maximum of 28,423,774 of its ordinary shares (being its outstanding shareholder authority). Such authority lasts until the next shareholder authority granted, or where expressly revoked by shareholders. The buyback may be funded from the Company's resources (including redemptions on funds the Company has invested in and debt facilities). No maximum consideration payable has been determined by the Company, but the Company is unable to pay a price for any shares pursuant to the buy-back which would equate to a premium on the net asset value.
 
The Company has appointed J.P. Morgan Securities plc to act as its broker in respect of the buy-back.
 
The buy-back will be undertaken pursuant the Company's discount management programme.
 
This arrangement is in accordance with Chapter 12 of the UKLA Listing Rules and the Company's general authority to repurchase shares.
 
 
For further information please contact:
Angus Macpherson
Chairman
Henderson Diversified Income Trust plc

Telephone: 0131 6037680
James de Sausmarez

Director and Head of Investment Trusts

Janus Henderson Investors

Telephone: 020 7818 3349
Laura Thomas
Investment Trust PR Manager
Janus Henderson Investors
Tel: 020 7818 2636  
 




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