Invesco Bond Income Plus Limited Announces Block Listing Application
Why we think this is neutral
The RNS announcement does not provide detailed financial information, but it does indicate some potential challenges related to managing the premium to net asset value of the company's shares. However, the overall tone is neutral, and there are no clear indications of significant positive or negative developments.
Key Points
- Block listing application for 25,000,000 ordinary shares
- Shares to be issued to satisfy market demand and manage premium to net asset value
Summary
The investment company has made an application for a block listing of additional shares to meet market demand and manage the premium to net asset value.
Invesco Bond Income Plus Limited has announced that it has made applications to the Financial Conduct Authority and the London Stock Exchange for a block listing of 25,000,000 ordinary shares. The Shares will be issued from time to time to satisfy continuing market demand for the Shares and to manage the premium to net asset value at which the Shares may trade.
Key Dates
6 June 2025
Admission of block listed shares expected to become effective
TRADING UPDATE