20th Aug 2026 17:57
(Alliance News) - abrdn European Logistics Income PLC on Thursday said it will return EUR31.7 million to shareholders under a B share issue and declared an interim dividend of 2.34 euro cents per share, to be paid ahead of its liquidation.
The London-listed property investor said it received court approval for the cancellation of a capital redemption reserve, making EUR31.7 million available for distribution to shareholders. The company said it will return the amount to eligible shareholders through a B share issue, equivalent to 6.6 pence per ordinary share, on September 7.
Following the distribution, ASLI said the special reserve will be substantially depleted. It does not expect to undertake any further B share issues prior to liquidation.
ASLI said the sale of its last remaining asset at Den Hoorn in the Netherlands is currently subject to due diligence by a potential purchaser and could be completed in the fourth quarter of 2026.
Additionally, ASLI declared an interim dividend of 2.34 euro cents per share, to be paid in sterling and equivalent to 2.00 pence per share, on September 29.
ASLI closed 0.4% lower at 18.80 pence in London on Thursday.
By Camilla Borri, Alliance News reporter
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