COMPANY
ANNOUNCEMENT
Re:
Proposal for adoption of an International Central Securities
Depositary Model of Settlement for Participating Shares in the
Company
Dublin, 19 October 2018
Invesco
Markets III plc (the "Company")
Dear Shareholder
We are writing to you in your capacity as a Shareholder to
notify you of a proposal to centralise the settlement of trading in
Participating Shares of all Funds of the Company in an
International Central Securities Depositary (“ICSD”)
structure (the “ICSD Settlement Model”).
It is proposed that the Company will adopt an ICSD Settlement
Model in place of the Current Settlement Model. Under the Scheme,
it is proposed to transfer the legal (but not beneficial) interest
in all Participating Shares in the Non-ICSD Funds as at the
Effective Date to the Common Depositary’s Nominee, which will hold
the legal title in the Participating Shares as nominee for the
Common Depositary. While the legal interest in all Participating
Shares will transfer to the Common Depositary’s Nominee, Investors
will continue to hold a beneficial interest in the same number of
Participating Shares in the same Fund(s) under the ICSD Settlement
Model as they held immediately prior to the Effective Date under
the Current Settlement Model and will be able to direct the
exercise of their rights in respect of such Participating Shares to
the same extent that they can at the moment under the Current
Settlement Model.
The Directors of the Company have resolved to convene an
extraordinary general meeting ("EGM") of the Shareholders of the
Company to be held at 10.30AM Irish
time on 16 November 2018 at 32
Molesworth Street, Dublin 2,
Ireland. A notice convening the
EGM (“EGM Notice”) is available on etf.invesco.com. A copy of
the EGM Notice has also been submitted to the National Storage
Mechanism and is available for inspection at
www.morningstar.co.uk/uk/NSM.
If approved by the requisite majorities of Shareholders and
sanctioned by the High Court, it is anticipated that the Scheme
will become effective on a date in the first quarter of 2019, to be
determined by the High Court.
Adoption of the ICSD Settlement Model will not change the manner
in which investments in the Funds are managed.
General
Shareholders may obtain copies of the Prospectus, Key Investor
Information Documents, the latest annual and semi-annual reports
and the Articles of Association free of charge at the registered
office of the Company and from their respective local agents in the
countries in which the Company is registered. In Switzerland, the prospectus, key investor
information, the Umbrella Fund's Articles of Association and the
annual and semi-annual reports of the Umbrella Fund are available
free of charge from the offices of the Swiss representative,
Invesco Asset Management (Switzerland) AG, Talacker 34, 8001 Zurich
available. BNP PARIBAS SECURITIES SERVICES, Paris, Succursale de Zurich, Selnaustrasse 16,8022 Zurich assumes the role of Paying Agent in
Switzerland.
All capitalised terms used in this notice shall bear the same
meaning as the capitalised and defined terms used in the Prospectus
of the Company.
If you have any queries arising from this notice, please call
Invesco on +44 (0)20 3370 1123 or contact us at
legaletf@invesco.com.
etf.invesco.com.
Schedule 1
Fund Name |
ISIN |
Invesco US High Yield Fallen Angels
UCITS ETF Dist |
IE00BD0Q9673 |
Invesco EURO STOXX High Dividend Low
Volatility UCITS ETF |
IE00BZ4BMM98 |
Invesco EuroMTS Cash 3 Months UCITS
ETF |
IE00B3BPCH51 |
Invesco FTSE Emerging Markets High
Dividend Low Volatility UCITS ETF |
IE00BYYXBF44 |
Invesco FTSE RAFI All World 3000
UCITS ETF |
IE00B23LNQ02 |
Invesco FTSE RAFI Emerging Markets
UCITS ETF |
IE00B23D9570 |
Invesco FTSE RAFI Europe Mid-Small
UCITS ETF |
IE00B23D8Y98 |
Invesco FTSE RAFI Europe UCITS
ETF |
IE00B23D8X81 |
Invesco S&P 500 QVM UCITS
ETF |
IE00BDZCKK11 |
Invesco Dynamic US Market UCITS
ETF |
IE00B23D9240 |
Invesco EQQQ Nasdaq-100 UCITS ETF
Dist |
IE0032077012 |
Invesco FTSE RAFI UK 100 UCITS
ETF |
IE00B23LNN70 |
Invesco FTSE RAFI US 1000 UCITS
ETF |
IE00B23D8S39 |
Invesco FTSE UK High Dividend Low
Volatility UCITS ETF |
IE00BYYXBD20 |
Invesco Global Buyback Achievers
UCITS ETF |
IE00BLSNMW37 |
Invesco S&P 500 High Dividend
Low Volatility UCITS ETF Dist |
IE00BWTN6Y99 |
Invesco S&P 500 VEQTOR UCITS
ETF |
IE00BX8ZXS68 |
Invesco US High Yield Fallen Angels
UCITS ETF CHF Hdg Acc |
IE00BYVTMY13 |
Invesco US High Yield Fallen Angels
UCITS ETF EUR Hdg Acc |
IE00BYVTMZ20 |
Invesco US High Yield Fallen Angels
UCITS ETF GBP Hdg Acc |
IE00BYVTN047 |
Invesco EQQQ NASDAQ-100 UCITS ETF
GBP Hdg Acc |
IE00BYVTMW98 |
Invesco EQQQ NASDAQ-100 UCITS ETF
EUR Hdg Acc |
IE00BYVTMS52 |
Invesco EQQQ NASDAQ-100 UCITS ETF
CHF Hdg Acc |
IE00BYVTMT69 |
Invesco S&P 500 High Dividend
Low Volatility UCITS ETF CHF Hdg Acc |
IE00BYVTMX06 |
Invesco EQQQ Nasdaq-100 UCITS ETF
Acc |
IE00BFZXGZ54 |