TIDMDIVI 
 
THE DIVERSE INCOME TRUST PLC (the "Company") 
 
VOLUNTARY REDEMPTION OF ORDINARY SHARES 
 
YOU DO NOT HAVE TO TAKE ANY ACTION IF YOU WISH TO RETAIN YOUR SHARES. 
 
Under the Company's Articles of Association, the Company operates an annual 
voluntary redemption facility through which shareholders may request the 
redemption of all or part of their holding of redeemable Ordinary Shares of 
0.1p each ("ordinary shares") for cash on 31 May in each year. 
 
There is no requirement for shareholders to take any action should they wish to 
retain their Ordinary Shares. As at close of business on 5 April 2019, the 
ordinary share price was 93.2p and the Net Asset Value (including current 
period revenue) was 94.2p per ordinary share, so the ordinary shares were 
trading at a 1.02% discount. 
 
A redemption of Ordinary Shares may be subject to income tax and/or capital 
gains tax. In particular, private shareholders that sell their shares via the 
redemption mechanism could find they are subject to income tax on the gains 
made on the redeemed shares rather than the more usual capital gains tax on the 
sale of their shares in the market. However, individual circumstances do vary, 
so shareholders who are in any doubt about the redemption or the action 
required to be taken should consult their stockbroker, accountant, tax adviser 
or other independent financial adviser. 
 
The investment objective of the Company is to provide shareholders with an 
attractive and growing level of dividends coupled with capital growth over the 
long term. None of the Directors of the Company will be redeeming any of their 
shares under the redemption facility this year. 
 
Shareholders submitting valid requests for the redemption of Ordinary Shares 
will have their shares redeemed at the Redemption Price or the Company may 
arrange for such shares to be sold in the market at the Net Asset Value 
(including current period revenue) (the "Dealing Value") prevailing at the end 
of May (subject to the Directors' discretion). 
 
The Directors may elect, at their absolute discretion, to calculate the 
Redemption Price on either of the following bases: 
 
 1. The Redemption Price shall be equal to the Dealing Value per ordinary share 
    calculated as at the appropriate valuation point on the appropriate 
    redemption point; or 
 
 2. The Directors may elect to calculate the Redemption Price by reference to 
    the amount generated upon the realisation of a Redemption Pool created for 
    the purpose of funding the redemption. 
 
The Directors are minded to approve all redemption requests unless there are 
exceptional reasons why this would be contrary to the interests of 
shareholders. 
 
Shareholders wishing to request the redemption of all or any of their Ordinary 
Shares at the proposed Redemption Point should deliver to the Company's 
Registrar a duly completed Redemption Request form together with their share 
certificate or TTE instruction (in respect of shares held in uncertificated 
form) in accordance with the timetable set out below. Redemption Request forms 
are available from the Company's Registrar, Link Asset Services on +44 (0) 371 
664 0321 or by email at shareholderenquiries@linkgroup.co.uk. Calls are charged 
at the standard geographic rate and will vary by provider. Calls outside the 
United Kingdom will be charged at the applicable international rate. The 
helpline is open between 9.00 am - 5.30 pm, Monday to Friday, excluding public 
holidays in England and Wales. Please note that Link Asset Services cannot 
provide any financial, legal or tax advice and calls may be recorded and 
monitored for security and training purposes. 
 
The relevant dates for the May 2019 Redemption Point are outlined below: 
 
1 May 2019                Latest date for receipt of Redemption Requests and 
                          certificates for certificated shareholders 
 
3.00 pm on 1 May 2019     Latest date and time for receipt of Redemption 
                          Requests and TTE (transfer to escrow) instructions 
                          for uncertificated shares via CREST 
 
5.00 pm on 31 May 2019    The Redemption Point 
 
On or before 14 June 2019 Company to notify Redemption Price and dispatch 
                          redemption monies; or 
 
                          If the redemption is to be funded by way of a 
                          Redemption Pool, Company to notify the number of 
                          shares being redeemed. Notification of Redemption 
                          Price and dispatch of redemption monies to take 
                          place as soon as practicable thereafter 
 
On or before 28 June 2019 Balance certificates to be sent to shareholders 
                          (where applicable) 
 
Further details of the redemption facility are set out in the Company's 
Articles of Association or are available from the Company Secretary. 
 
The Directors of the Company have discretion over the operation of the 
redemption facility and the calculation of the Redemption Price. 
 
Defined terms in this announcement have the same meaning as set out in the 
Articles of Association, a copy of which may be obtained from the Company 
Secretary. 
 
9 April 2019 
 
 
LEI: 2138005QFXYHJM551U45 
 
 
 
END

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April 09, 2019 06:54 ET (10:54 GMT)

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