INVO SELE 
By
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 in respect of:
11,648 UK Equity Shares
106,827 Global Equity Income Shares
18,631 Balanced Risk Shares
705,621 Managed Liquidity Shares
The respective Conversion Ratios were as follows:
* For every UK Equity Share converted, holders will receive 1.033087 Global
Equity Income Shares, 1.337900 Balanced Risk Shares or 1.467940 Managed
Liquidity Shares;
* For every Global Equity Income Share converted, holders will receive
0.967973 UK Equity Shares, 1.295051 Balanced Risk Shares or 1.420926
Managed Liquidity Shares;
* For every Balanced Risk Share converted, holders will receive 0.747440 UK
Equity Shares, 0.772170 Global Equity Income Shares or 1.097197 Managed
Liquidity Shares;
* For every Managed Liquidity Share converted, holders will receive 0.681227
UK Equity Shares, 0.703766 Global Equity Shares or 0.911413 Balanced Risk
Shares.
The Conversion Ratios, which will be effective on 3 February 2014, are based on
the relative net asset values of the Company's Share classes as at close of
business on 22 January 2014.
Individual Shareholders' entitlements on conversion on 3 February 2014 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 January 2014 in respect of the UK Equity and Global Equity
Income Shares.
The net changes to the number of shares outstanding following the conversion
and allotments are as follows:
+374,340 UK Equity Shares
+124,231 Global Equity Income Shares
-18,631 Balanced Risk Shares
-705,592 Managed Liquidity Shares
+226,049 Deferred Shares
Following the conversion, the total number of listed Shares in issue (excluding
shares held in treasury) will be:
39,497,808 UK Equity Shares
31,464,956 Global Equity Income Shares
8,769,020 Balanced Risk Shares
6,223,076 Managed Liquidity Shares
The Company has applied for the following numbers of Shares arising or allotted
pursuant to conversion to be admitted to the Official List and to trading on
the London Stock Exchange:
385,988 UK Equity Shares
231,058 Global Equity Income Shares
29 Managed Liquidity Shares
Dealings in such shares are expected to commence at 8.00 a.m. on 4 February
2014. It is expected that Certificates in respect of the Resulting Shares will
be posted by 14 February 2014.
.
The remaining conversion dates for 2014 are set out below. Elections for
conversion must be received by close of business ten days prior to the
respective conversion date. Where that day is not a business day, elections by
way of CREST must be transmitted and properly authenticated by 3.00pm on the
last preceding business day. Written elections will be accepted if received by
the first post on the following business day.
Conversion Date Date by which elections for
conversion must be received
1 May 2014 21 April 2014
1 August 2014 22 July 2014
3 November 2014 24 October 2014
Instructions on how to convert Shares on any conversion date are available on
the web pages of all the share classes on the Investment Manager's website:
www.invescoperpetual.co.uk/investmenttrusts and from the Company Secretary.
28 January 2014
Contact:
