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Diverse Income Trust plc (The) (DIVI) Ordinary 0.1p

Sell:86.40p Buy:87.60p 0 Change: No change
FTSE All Share:0.34%
Market closed |  Prices as at close on 18 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Redemption

Diverse Income Trust plc (The) Ordinary 0.1p

Type:
Redemption
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 28 Mar 2024)

Diverse Income Trust plc has announced details of a redemption offer. You have two options to consider before our noon on Tuesday 30 April 2024 deadline.

 

Redeem a number of ordinary shares – Act by noon on Tuesday 30 April 2024

 

Any shares you ask to redeem will be removed from your portfolio from 30 April 2024. Cash proceeds will be credited to your account upon receipt, which is expected to be on or around Friday 14 June 2024.

 

If you don’t want to redeem any shares, you don’t need to do anything. If you do not return an instruction no shares will be redeemed on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:86.40p
Buy:87.60p
Change: No change
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 18 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Redemption

Diverse Income Trust plc (The) Ordinary 0.1p

Type:
Redemption
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 28 Mar 2024)

Diverse Income Trust plc has announced details of a redemption offer. You have two options to consider before our noon on Tuesday 30 April 2024 deadline.

 

Redeem a number of ordinary shares – Act by noon on Tuesday 30 April 2024

 

Any shares you ask to redeem will be removed from your portfolio from 30 April 2024. Cash proceeds will be credited to your account upon receipt, which is expected to be on or around Friday 14 June 2024.

 

If you don’t want to redeem any shares, you don’t need to do anything. If you do not return an instruction no shares will be redeemed on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:86.40p
Buy:87.60p
Change: No change
Market closed |  Prices as at close on 18 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Redemption

Diverse Income Trust plc (The) Ordinary 0.1p

Type:
Redemption
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 28 Mar 2024)

Diverse Income Trust plc has announced details of a redemption offer. You have two options to consider before our noon on Tuesday 30 April 2024 deadline.

 

Redeem a number of ordinary shares – Act by noon on Tuesday 30 April 2024

 

Any shares you ask to redeem will be removed from your portfolio from 30 April 2024. Cash proceeds will be credited to your account upon receipt, which is expected to be on or around Friday 14 June 2024.

 

If you don’t want to redeem any shares, you don’t need to do anything. If you do not return an instruction no shares will be redeemed on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
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The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

To provide shareholders with an attractive and growing level of dividends coupled with capital growth over the long term.The Company invests primarily in UK-quoted or traded companies with a wide range of market capitalisations, but a long-term bias toward small and mid cap equities. The Company may also invest in large cap companies, including FTSE 100 constituents, where it is believed that this may increase shareholder value.
Security Weight
TP ICAP Group plc Ord 25p 2.89%
XPS Pensions Group Plc GBP0.0005 2.84%
CMC Markets Plc Ordinary 25p 2.54%
Galliford Try Holdings Plc ORD GBP0.5 2.26%
Just Group plc Ordinary GBP0.10 2.14%
Pan African Resources plc Ord 1p Shares 2.06%
Man Group plc ORD USD0.0342857142 2.00%
Paypoint Plc Ordinary 1/3p 1.94%
Kenmare Resources plc Ordinary EUR 0.001 1.93%
Sabre Insurance Group Plc ORD GBP0.001 1.91%
Sector Weight
Financial Services 31.65%
Consumer Cyclical 10.84%
Energy 10.39%
Basic Materials 9.17%
Industrials 9.00%
Consumer Defensive 5.58%
Technology 5.30%
Real Estate 5.08%
Utilities 4.77%
Communication Services 4.00%
Country Weight
United Kingdom 85.93%
South Africa 2.61%
China 1.93%
Israel 1.57%
Ireland 1.20%
United States 1.04%
Canada 0.89%
Cyprus 0.70%
Australia 0.35%
Egypt 0.28%

Fee Structure

The management fee of 0.9% p.a. on the average market cap up to GBP 300m, 0.8% p.a. between GBP 300m and GBP 500m and 0.7% p.a. above GBP 500m.The Agreement is terminable by not less than 12 months written notice.

Dividend Policy

The Company pays a quarterly dividend in February, May, August and November. The Board will target an annualised dividend yield of 4% and will seek to grow dividend progressively.

ASSET SPLIT

Total number of holdings: 149.

Trust Manager

Gervais Williams

Manager Bio

Gervais Williams joined Premier Miton in March 2011. He is Head of Equities and manages a number of funds and trusts. His fund management career extends over 30 years including 17 years at Gartmore Group Ltd, where he was head of UK Small Companies investing in UK smaller companies and Irish equities. Gervais is a member of the AIM Advisory Council, and a board member of the Quoted Companies Alliance and The Investment Association. He was a member of the Patient Capital Review panel with the Chancellor of the Exchequer where the recommendations were put into legislation in the subsequent budget. Gervais has published three books, 'Slow Finance' in the autumn of 2011 (Bloomsbury), 'The Future is Small' was published in November 2014 (Harriman House) and 'The Retreat of Globalisation' published in December 2016 (Harriman House).

Board Of Directors

Andrew BellChairman, Charles Crole, Calum Thomson, Caroline Kemsley-Pein, Michelle McGrade

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.