23rd Aug 2024 19:09
abrdn European Logistics Income PLC - investment trust, which backs European warehouse properties - net asset value at June 30 is 74.4 pence down from 78.5p at March 31. In June, shareholders vote for a managed wind-down of the company. Under this, the company's new investment objective is 'to realise all existing assets in the company's portfolio in an orderly manner'. Sales will be managed with the intention of realising all the assets held in the portfolio in an orderly manner. The company will seek to return cash to shareholders in an efficient and fair manner.
Current stock price: 61.40 pence
12-month change: down 8.1%
By Jeremy Cutler, Alliance News reporter
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