Invesco ETF shareholders receive redemption proceeds

Published 22/11/2024, 18:16
Invesco ETF shareholders receive redemption proceeds

DUBLIN - Invesco Markets plc has confirmed the redemption of shares for the Invesco Commodity Composite UCITS ETF (ISIN: IE00B4TXPP71) with the NAV rate of 96.4979 USD, as of November 20, 2024. The company has announced that the cash proceeds from this redemption will be disbursed to shareholders on or around November 27, 2024.

This move follows a previous shareholder notice dated October 4, 2024, detailing the planned redemption process. In addition to the redemption, Invesco Markets plc has successfully requested the cancellation of the ETF's listings, which took effect at the close of business on November 18, 2024.

Shareholders of the fund are advised to consult with their professional advisers regarding the specific tax implications of the fund's termination under the laws of their respective countries of nationality, residence, domicile, or incorporation.

Invesco Markets plc has issued a correction to an earlier announcement made on November 22, 2024, stating that the original notice was incorrectly issued under the name of Invesco Markets II plc. The company has clarified that the correct issuer is Invesco Markets plc and that the announcement's content remains unchanged.

For further inquiries, shareholders can contact Invesco directly at +353 1 439 8000 or via email at invest@invesco.com.

The information provided is based on a press release statement and has been released through RNS, the news service of the London Stock Exchange (LON:LSEG).

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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