IVPH Inv.Perp.Sel Hd

 
TIDMIVPG TIDMIVPH TIDMIVPM TIDMIVPU 
 
INVESCO PERPETUAL SELECT TRUST PLC 
 
 
 
Headline: Conversion of Shares 
 
The Board of Invesco Perpetual Select Trust plc (the `Company') announces that 
valid Conversion Notices have been received or deemed to have been received in 
respect of: 
 
        477,489 UK Equity Shares 
 
        299,923 Global Equity Shares 
 
        675,444 Elected Hedge Fund Shares 
 
      2,025,524 Managed Liquidity Shares 
 
The respective Conversion Ratios were as follows: 
 
  * For every UK Equity Share converted, holders will receive 0.77190 Global 
    Equity Shares, 0.78941 Hedge Fund Shares or 0.90662 Managed Liquidity 
    Shares; 
 
  * For every Global Equity Share converted, holders will receive 1.29550 UK 
    Equity Shares, 1.02268 Hedge Fund Shares or 1.17452 Managed Liquidity 
    Shares; 
 
  * For every Elected Hedge Fund Share converted, holders will receive 1.26676 
    UK Equity Shares, 0.97782 Global Equity Shares or 1.14847 Managed Liquidity 
    Shares; 
 
  * For every Managed Liquidity Share converted, holders will receive 1.10300 
    UK Equity Shares, 0.85141 Global Equity Shares or 0.87072 Hedge Fund 
    Shares. 
 
The Conversion Ratios are based on the relative net asset values of the 
Company's Share classes as at close of business on 23 April 2010. 
 
 
 
Individual Shareholders' entitlements on conversion will be rounded down to the 
nearest whole number of Shares. Fractional entitlements will be aggregated and 
sold in the market. The Shares arising or allotted pursuant to the conversion 
will rank pari passu with the existing Shares of the relevant class and, for 
the avoidance of doubt, will not rank for the dividends declared on 15 April 
2010 in respect of the UK Equity and Global Equity Shares. 
 
The net changes to the number of shares outstanding following the conversion 
and allotments are as follows: 
 
      1,077,341 UK Equity Shares 
 
        430,787 Global Equity Shares 
 
       -508,246 Hedge Fund Shares 
 
       -899,001 Managed Liquidity Shares 
 
        178,899 Deferred Shares 
 
Following the conversion, the total number of listed Shares in issue (excluding 
shares held in treasury) will be: 
 
 
 
      40,025,201 UK Equity Shares 
 
      34,627,810 Global Equity Shares 
 
      13,895,086 Hedge Fund Shares; and 
 
      14,527,480 Managed Liquidity Shares 
 
 
 
The Company has applied for following numbers of Shares arising or allotted 
pursuant conversion (other than the Deferred Shares) to be admitted to the 
Official List and to trading on the London Stock Exchange. Dealings in such 
shares are expected to commence at 8.00 a.m. on 30 April 2010.  It is expected 
that Certificates in respect of the Resulting Shares will be posted by 10 May 
2010. 
 
       1,554,830 UK Equity Shares 
 
         730,710 Global Equity Shares 
 
         167,198 Hedge Fund Shares; and 
 
       1,126,523 Managed Liquidity Shares 
 
The Deferred Shares, which have negligible economic value, will be purchased by 
the Company for a nominal sum and cancelled. 
 
29 April 2010 
 
Contact: Angus Pottinger 020 7065 3714 
 
 
 
END 
 

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