The Diverse Income Trust Plc - Redemption of Ordinary Shares
PR Newswire
LONDON, United Kingdom, November 07
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 |
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Gervais Williams | gervais.williams@premiermiton.com | 01483 306090 |
Martin Turner | martin.turner@premiermiton.com | |
Claire Long | claire.long@premiermiton.com | |
Panmure Liberum Limited |
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Alex Collins | Alex.collins@panmureliberum.com | 020 7886 2767 |
LEI: 2138005QFXYHJM551U45
