Invesco Select Trust Plc - Updated Results of the Tender Offers

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MAY RESULT IN THE CONTRAVENTION OF ANY REGISTRATION OR OTHER LEGAL REQUIREMENT OF SUCH JURISDICTION

15 April 2024

Invesco Select Trust plc

Updated Results of the Tender Offers

The Board of Invesco Select Trust plc (the "Company") is pleased to announce the results of the updated Tender Offer elections following the adjournment of the class meetings of the UK Equity and Managed Liquidity share classes as announced on the 28 March 2024. The adjourned class meetings of the UK Equity and Managed Liquidity share classes will be held on 16 April 2024 (the "Adjourned Class Meetings") and, accordingly, the Record Date for the Tender Offers for those share classes was 6.00 p.m. on 12 April 2024.  The Record Date for the Tender Offer on the Balanced Risk Share Class, whose class meeting was not adjourned, remained at 6.00 p.m. on 25 March 2024.

The Board announces the following number of Shares in each Tendering Share Class were validly tendered:

As stated within the Circular, UK Equity shareholders were entitled to tender up to 15 per cent. of their UK Equity Shares (the "Basic Entitlement"), they may also tender additional Shares but any such excess above the Basic Entitlement will only be satisfied, on a pro rata basis, to the extent that other UK Equity Shareholders tender less than their aggregate Basic Entitlement. Shareholders of the Managed Liquidity Share Class were entitled to tender some or all of their Shares.

Accordingly, the Tender Offer on the UK Equity Share Class was oversubscribed. The Basic Entitlement of all UK Equity Shareholders who have validly tendered their Shares will be accepted in full and excess tenders will be satisfied to the extent of approximately 29.87 per cent. of the excess Shares tendered.  Consequently, 9,985,591 UK Equity Income Shares have been accepted.

The repurchase of Shares pursuant to the Tender Offers is contingent on the passing of various resolutions at the Company's Adjourned Class Meetings to be held on 16 April 2024 and a further announcement will follow the conclusion of those meetings.

Defined terms used in this announcement have the meanings given in the circular published by the Company on 15 February 2024, unless the context otherwise requires.

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