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 164.83p per share, effective 4 November 2026. The allotment is made under the company's block listing facility to satisfy secondary market demand, utilising shareholder-approved annual authority. Following the issue, the total number of ordinary shares in issue rises to 299,634,911, which now serves as the updated denominator for calculating interests in the company.

Key Points

  • Invesco Bond Income Plus Limited (BIPS) is a closed-ended investment company focused on fixed income and bond markets.
  • The company has issued 100,000 ordinary shares of no par value at 164.83p each under its block listing facility to satisfy secondary market demand.
  • Total ordinary shares in issue now stand at 299,634,911, effective 4 November 2026.
  • Investors should monitor further equity issuances under the annual shareholder authority and any updates to the company's net asset value or portfolio positioning.

BIPS Issues 100,000 Shares at 164.83p to Meet Secondary Market Demand

The board of Invesco Bond Income Plus Limited confirmed on 4 November 2026 that it has agreed to issue and allot 100,000 ordinary shares of no par value at a price of 164.83p per share. The allotment is specifically intended to satisfy secondary market demand, a mechanism commonly used by investment trusts to manage the premium at which their shares may trade relative to net asset value. The company did not disclose the total gross proceeds from this issuance in the announcement, nor did it provide commentary on current premium or discount levels at the time of issue.

Allotment Made Under Annual Shareholder Authority Granted to the BIPS Board

The announcement states that the issuance is made under the annual authority granted by the company's shareholders for such allotments, confirming that no additional shareholder approval was required for this specific transaction. The newly issued shares rank pari passu with all existing ordinary shares in issue, meaning they carry identical rights with respect to dividends, voting, and any future distributions or capital events. This is a standard condition for block listing issuances and ensures no dilution of rights for existing shareholders beyond any proportionate economic dilution from the increased share count.

Total BIPS Shares in Issue Reaches 299,634,911 Following the Allotment

With the completion of this allotment, the total number of ordinary shares in issue for Invesco Bond Income Plus Limited now stands at 299,634,911. The company notes that this updated figure should be used as the denominator when shareholders or interested parties calculate their proportionate interests in the company, as required under applicable disclosure and transparency obligations. Investors and regulatory filers are expected to use this revised total when assessing notification thresholds or reporting changes in significant shareholdings. JTC Fund Solutions (Jersey) Limited acts as the company's administrator, with contact provided through Claire Brazenall.