Results of C Share Issue
The Diverse Income Trust plc (the "Company")
Results of C Share Issue
Following the recent announcement of a C Share issue, the Board of The Diverse
Income Trust plc is pleased to announce that further to the Open Offer, Placing
and Offer for Subscription by the Company, applications have been received
under the Open Offer for 27,742,524 C Shares, under the Placing for 68,630,656
C Shares and under the Offer for Subscription for 3,626,820 C Shares, at an
issue price of 50 pence each, raising an aggregate of £50 million of gross
proceeds for the Company.
Application has been made to the UK Listing Authority for all of the C Shares
to be issued pursuant to the Issue to be admitted to the premium segment of the
Official List and to the London Stock Exchange for such C Shares to be admitted
to trading on the London Stock Exchange's main market for listed securities.
It is expected that Admission will become effective and dealings will commence
at 8.00am on 26 June 2014.
The ticker symbol for the Company's C Shares will be DITC. The terms and timing
of the conversion of the C Shares into Ordinary Shares will be announced in due
course.
Contact details:
Miton Group plc:
Gervais Williams gervais.williams@mitongroup.com 07811 331 824
Martin Turner martin.turner@mitongroup.com 020 3714 1517
David Barron david.barron@mitongroup.com 020 3714 1474
Cenkos Securities plc:
Chris Lunn clunn@cenkos.com 020 7397 1912
Sapna Shah sshah@cenkos.com 020 7397 1922
This announcement is not for distribution directly or indirectly in or into the
United States, Australia, Canada, the Republic of South Africa or Japan. This
announcement does not constitute an offer to sell or issue or the solicitation
of an offer to buy shares in the capital of The Diverse Income Trust plc in the
United States of America ("United States"), Australia, Canada, the Republic of
South Africa or Japan or any jurisdiction in which such an offer or
solicitation is unlawful. The shares referred to in this announcement have not
been and will not be registered under the United States Securities Act of 1933
(as amended), or under the securities laws of any state or other political
sub-division of the United States or under the applicable securities laws of
any of Australia, Canada, the Republic of South Africa or Japan and may not be
offered or sold within the United States absent registration or an exemption
from registration. No public offering of securities will be made in the United
States, Australia, Canada, the Republic of South Africa or Japan.
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