For immediate release on 2 May 2013
Invesco Asia Trust plc
Proposed Tender Offer
In the 2012 Annual Financial Report of Invesco Asia Trust plc (the "Company"),
the Board stated that it had decided to propose a tender offer at the end of
the Company's 2012-2013 financial year (subject to necessary shareholder
approval) for up to 15 per cent. of the Company's issued share capital, at a 2
per cent. discount to NAV less the costs of the tender, if the Company's shares
had traded over the year to 30 April 2013 at an average discount of more than
10 per cent. to NAV (fully diluted, ex income).
The average discount over the year to 30 April 2013 was 10.8 per cent. and the
Board therefore intends to seek the approval of shareholders at the Company's
Annual General Meeting in August to implement such a tender offer. The record
date for participation in the tender offer is 3 May 2013. The Company will be
preparing the necessary tender offer documentation for despatch with the
Company's 2013 Annual Financial Report and a further announcement containing
details of the tender offer will be made in due course.
Enquiries:
Invesco Asset Management Limited
Kelly Nice
Andrew Watkins
020 7065 3555
Westhouse Securities Limited
Alastair Moreton
Darren Vickers
020 7601 6118
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