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Diverse Inc Trust (DIVI)


Wednesday 08 October, 2014

Diverse Inc Trust

Conversion of C Shares

The Diverse Income Trust plc

Conversion of C Shares

Further to the Company's announcement on 1 October 2014 and as described in the
prospectus published on 30 May 2014, the C shares will be converted into
ordinary redeemable shares at the following rate calculated in accordance with
the Company's Articles of Association:

0.6231 ordinary redeemable shares for every C share (the "Conversion Ratio")

On the basis of the Conversion Ratio, a holder of 1,000 C shares will receive
623 ordinary redeemable shares.

Following conversion of the C shares, the enlarged number of ordinary
redeemable shares in issue will be 386,687,239.

The C shares will be delisted and cancelled with effect from 8.00 am on 8
October 2014 and an application has been made for 62,309,789 new ordinary
redeemable shares to be admitted to the Official List and to trading on the
London Stock Exchange from the same time and date.

Share certificates in respect of new ordinary redeemable shares are expected to
be despatched in the week commencing 13 October 2014.


Gervais Williams
Miton Group plc
[email protected]
020 3714 1516

Sapna Shah
Cenkos Securities plc
[email protected]
020 7397 1922

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