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Invesco Select Trust Plc - Conversion of Securities

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INVESCO SELECT TRUST PLC

LEI: 549300JZQ39WJPD7U596

Headline: Conversion of Shares

The Board of Invesco Select Trust plc (the ‘Company’) announces that valid Conversion Notices have been received in respect of:

228,061

UK Equity Shares

55,202

Global Equity Income Shares

153,300

Balanced Risk Allocation Shares

125,062

Managed Liquidity Shares

The respective Conversion Ratios were as follows:

- For every UK Equity Share converted, holders will receive 0.805372 Global Equity Income Shares, 1.166935 Balanced Risk Allocation Shares or 1.863918 Managed Liquidity Shares;

- For every Global Equity Income Share converted, holders will receive 1.241662 UK Equity Shares, 1.448939 Balanced Risk Allocation Shares or 2.314355 Managed Liquidity Shares;

- For every Balanced Risk Allocation Share converted, holders will receive 0.856946 UK Equity Shares, 0.690160 Global Equity Income Shares or 1.597276 Managed Liquidity Shares;

- For every Managed Liquidity Share converted, holders will receive 0.536504 UK Equity Shares, 0.432086 Global Equity Income Shares or 0.626066 Balanced Risk Allocation Shares.

The Conversion Ratios, which will be effective on 3 May 2022, are based on the relative net asset values of the Company’s Share classes as at close of business on 21 April 2022.

Individual Shareholders’ entitlements on conversion on 3 May 2022 will be rounded down to the nearest whole number of Shares. Fractional entitlements will be aggregated and sold in the market. The Shares arising or allotted pursuant to the conversion will rank pari passu with the existing Shares of the relevant class and, for the avoidance of doubt, will not rank for the dividends declared on 12 April 2022 in respect of the UK Equity and Global Equity Income Shares.

The net changes to the number of shares outstanding following the conversion and allotments are as follows:

-162,829

UK Equity Shares

+235,653

Global Equity Income Shares

-83,288

Balanced Risk Allocation Shares

-108,855

Managed Liquidity Shares

+148,586

Deferred Shares

As at 3 May 2022, the total number of listed shares in issue (excluding shares held in treasury) is:

74,135,486

UK Equity Shares

24,920,131

Global Equity Income Shares

4,254,226

Balanced Risk Allocation Shares

1,347,109

Managed Liquidity Shares

Following conversion, the total number of listed Shares in issue (excluding shares held in treasury) will be:

73,972,657

UK Equity Shares

25,155,784

Global Equity Income Shares

4,170,938

Balanced Risk Allocation Shares

1,238,254

Managed Liquidity Shares

The Company has applied for the following numbers of Shares arising or allotted pursuant to conversion to be admitted to the Official List and to trading on the London Stock Exchange:

65,232

UK Equity Shares

290,855

Global Equity Income Shares

70,012

Balanced Risk Allocation Shares

16,207

Managed Liquidity Shares

Dealings in such shares are expected to commence at 8.00 a.m. on 4 May 2022. It is expected that Certificates in respect of the Resulting Shares will be posted by 16 May 2022.

The Deferred Shares arising on the conversion will be cancelled.

All as formally approved by the Board on 3 May 2022.

3 May 2022

Contact:

James Poole

Senior Company Secretary

Invesco Asset Management Limited

0207 543 3559

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