The Diverse Income Trust plc

(the "Company")

 

 

Investment Management Fee Amendment

 

 

The Board of the Company announces that it has agreed with Premier Portfolio Managers Limited (the "Manager") a reduction to the investment management fee.

 

Previously, the Manager received a fee equal to 0.90 per cent per annum on the average market capitalisation of the Company up to £300 million; 0.80 per cent per annum on the average market capitalisation between £300 million and £500 million and 0.70 per cent per annum on the average market capitalisation above £500 million.

 

Following the amendment, which is effective 1 June 2024, the Manager will receive a fee equal to 0.80 per cent per annum on the average market capitalisation up to £450 million and 0.70 per cent per annum on the average market capitalisation above £450 million.  

 

Fees continue to be calculated and paid monthly in arrears and all other Manager arrangements otherwise remain unchanged.

 

 

 

Contact details:

 

Premier Miton Group plc

Gervais Williamsgervais.williams@premiermiton.com 01483 306090

Martin Turnermartin.turner@premiermiton.comClaire Longclaire.long@premiermiton.com

 

 

20 June 2024

 

LEI: 2138005QFXYHJM551U45