The Diverse Income Trust Plc - Redemption Price and Total Voting Rights
PR Newswire
Redemption Price and Total Voting Rights
Further to the announcement by the Company on 12 May 2021 in respect of requests for 347,580 ordinary shares to be redeemed at the 28 May 2021 Redemption Point, all of those shares have been matched with buyers and sold at a calculated Redemption Price of 118.08 pence, being the cum income net asset value on 27 May 2021. All shareholders who validly applied to have shares redeemed will receive this Redemption Price per share. It is expected that despatch of payments in respect of the valid redemption requests will be made on or around 11 June 2021.
Event will take place virtually on June 24
IR Magazine has released the short lists for the IR Magazine Awards – Europe 2021, which celebrate best-in-class investor relations across the European market.
AstraZeneca, BBVA and Polymetal International have taken an early lead with four nominations each. Running close behind are a host of companies with three nominations each, including Aker Solutions, Allianz, BASF, Cyfrowy Polsat, Enel, Iberdrola and Valmet.
The virtual awards ceremony will take place on June 24 in a night featuring live acceptance speeches, competitions and the chance to ‘mingle’ with other attendees.
The awards are split into two sections: the awards-by-research categories are based on a survey of hundreds of portfolio managers, buy-side analysts and sell-side analysts, with prizes for best overall investor relations, best IR officer, best IR by senior management and best IR in sector.
Gervais Williams: Investors should take advantage of compounding good and growing dividends
Veteran fund manager Gervais Williams is co-manager of the Diverse Income Trust, and also jointly manages Premier Miton s UK multicap income and UK smaller companies funds.
Over the last 10 years, quantitative easing has come to dominate global stock market trends.
Creating new money to buy government bonds has boosted bond valuations, and this has dragged up the valuations of almost all other assets with them.
During this time, some of the best returns have often been generated by investing in stocks that grow rapidly.
Extra growth can provide greater potential share price performance each year, which can then be boosted further if valuations increase, courtesy of quantitative easing.
The Diverse Income Trust Plc - Redemption of Ordinary Shares PR Newswire London, May 12 THE DIVERSE INCOME TRUST PLC (the "Company") REDEMPTION OF ORDINARY SHARES The