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 165.73p per share, utilising its block listing facility to satisfy secondary market demand. The allotment, confirmed on 13 November 2026, was made under the annual shareholder authority granted to the Board for such issuances. Following the transaction, the total number of ordinary shares in issue rises to 299,834,911, a figure investors should use as the denominator when 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 100,000 ordinary shares of no par value at 165.73p per share under its block listing facility
  • Total shares in issue following this allotment: 299,834,911, effective 13 November 2026
  • Investors should monitor whether further secondary market demand prompts additional block listing issuances in the near term

BIPS Issues 100,000 Shares at 165.73p to Meet Secondary Market Demand

The Board of Invesco Bond Income Plus Limited confirmed on 13 November 2026 that it has agreed to issue and allot 100,000 ordinary shares of no par value at a price of 165.73p per share. The issuance was conducted through the Company's established block listing facility, a mechanism that allows shares to be allotted in tranches to meet ongoing secondary market demand without requiring a new shareholder vote for each individual issuance. The announcement states this allotment falls within the annual authority previously granted by the Company's shareholders.

New Shares Rank Pari Passu With Existing BIPS Ordinary Shares in All Respects

The newly issued shares will rank pari passu with all existing ordinary shares in issue, meaning they carry identical rights with respect to dividends, voting, and any return of capital. This is standard practice for equity issuances of this nature and ensures that existing shareholders are not disadvantaged in terms of economic or governance rights relative to incoming shareholders. For a bond income-focused investment trust such as BIPS, maintaining consistent share rights across all issued stock is a routine but important structural feature of any block listing transaction.

Total BIPS Shares in Issue Now Stand at 299,834,911 Following Allotment

Following completion of this allotment, the total number of ordinary shares in issue for Invesco Bond Income Plus Limited stands at 299,834,911. The Company's announcement explicitly states that this figure should be used as the denominator by investors when calculating their proportional interests or percentage holdings in the Company. Accurate denominator figures are a regulatory requirement under UK disclosure rules, and the timely publication of this updated figure allows shareholders and potential investors to assess their current or intended exposure to the fund with precision.