In a stock exchange notice today (20 August), the board said it had received valid elections for over 12 million shares, or 36.8% of IPU’s issued ordinary share capital.
The directors said that as payout requests exceeded the 10% limit, shareholder requests will be scaled back proportionally, depending on the excess availability from other investors.
Invesco Perpetual UK Smaller Companies offers capital return for up to 10% through special dividend
Details of the outcome of the scaling back process, along with IPU’s net asset value per share and the amount of the special dividend p…
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