Daily Pricing
Portfolio update: 24 January 2025
In the NAV update released on 28 November 2024, the Company announced that the Investment Manager had commenced sales processes for six assets with discussions at an advanced stage regarding the disposal of three of these assets. The Board is pleased to announce that the Company has now completed the disposal of these three assets, as detailed in the RNS linked below. This RNS also includes further details related to the managed wind-down of the Company.
Publication of B Share Scheme Circular and Notice of General Meeting
On the 6th November 2024, the Board of abrdn European Logistics Income plc (the "Company") announced details of its proposal to implement a B Share mechanism to facilitate the return of capital to Shareholders as part of the managed wind-down which the Company is now undergoing. At a general meeting of the Company held on 23 July 2024, Shareholders approved a change to the investment objective and policy of the Company. Following this change, the Company’s objective is now to realise all existing assets in the Company’s portfolio in an orderly manner. The net proceeds from realisations will be used to repay borrowings and make timely returns of capital to Shareholders.