Invesco Bond Income Plus Limited (BIPS) has announced the issue and allotment of 100,000 ordinary shares of no par value at a price of 164.87p per share, effective 3 November 2026. The allotment is made under the company's block listing facility to satisfy secondary market demand, utilising the annual authority previously granted by shareholders. Following the transaction, the total number of ordinary shares in issue rises to 299,534,911, which now serves as the updated denominator for calculating interests in the company.

Key Points

  • Invesco Bond Income Plus Limited (BIPS) — a closed-ended investment company focused on bond income
  • The company has issued and allotted 100,000 new ordinary shares of no par value at 164.87p per share under its block listing facility
  • Total shares in issue following this allotment stand at 299,534,911 as of 3 November 2026
  • Investors should watch whether further allotments follow under the same annual shareholder authority as secondary market demand continues

BIPS Issues 100,000 Shares at 164.87p to Meet Secondary Market Demand

The board of Invesco Bond Income Plus Limited confirmed on 3 November 2026 that it has agreed to issue and allot 100,000 ordinary shares at a fixed price of 164.87p per share. The allotment is specifically designed to satisfy secondary market demand rather than to raise fresh capital for new investment activity. The announcement states that the issue is conducted under the company's block listing facility, a mechanism that allows shares to be drip-fed into the market in an orderly fashion when investor demand arises, without requiring a separate prospectus for each transaction.

Shareholder Authority and Pari Passu Status of the Newly Allotted BIPS Shares

The allotment has been made under the annual authority granted to the board by Invesco Bond Income Plus Limited's shareholders, meaning no additional shareholder approval was required for this specific transaction. The newly issued shares rank pari passu with all existing ordinary shares in issue in every respect, confirming that new and existing shareholders hold equivalent rights, including any entitlement to income distributions that the company may declare. This equal-ranking status is standard practice for investment companies operating block listing programmes and is noted explicitly in the company update.

Updated Share Count of 299,534,911 Now the Denominator for Interest Calculations

Following the completion of this allotment, the total number of ordinary shares in issue for Invesco Bond Income Plus Limited stands at 299,534,911. The announcement confirms that this figure should be used as the denominator when calculating shareholding interests or percentage stakes in the company. Investors, portfolio managers, and regulatory filers tracking their positions in BIPS will need to update their calculations accordingly. The company's administrator, JTC Fund Solutions (Jersey) Limited, issued the announcement on behalf of the board, with contact details provided via Claire Brazenall.