Announcement of Interim Dividend
Summary by AI BETAClose X
abrdn European Logistics Income plc
LEI: 213800I9IYIKKNRT3G50
DECLARATION OF INTERIM DISTRIBUTION
The Board of abrdn European Logistics Income plc (the 'Company') declares an interim distribution of 1.0 euro cent (equivalent to 0.88 pence) per Ordinary share, payable in sterling on 30 December 2025 to Ordinary shareholders on the register on 28 November 2025 (ex-dividend date of 27 November 2025).
Distributions may take the form of either dividend income or "qualifying interest income" which may be designated as an interest distribution for UK tax purposes and therefore subject to the interest streaming regime applicable to investments trusts. Of this interim distribution declared of 0.88 pence per Ordinary share, 0.36 pence (equivalent to 0.41 euro cents) is declared as dividend income with 0.52 pence (equivalent to 0.59 euro cents) treated as qualifying interest income.
The interim distribution will be paid in sterling to shareholders on the register. However, shareholders are able to make an election to receive distributions in euros. The form for applying for such election can be obtained from the Company's UK registrars (Equiniti Limited) and any such election must be received by the Company's registrars no later than 5:00 p.m. on 28 November 2025.
As the portfolio asset disposal programme has continued over the last ten months, the income generated by the Company through its leases has diminished significantly. As a result, the Company's ability to maintain the previous levels and frequency of distributions has substantially decreased. Day-to-day operating costs of the Company and its SPVs will increasingly need to be met from capital, with such costs only reflected in the NAV as they are incurred.
Details of the Company and its property portfolio may be found on the Company's website which can be found at: www.eurologisticsincome.co.uk
abrdn Holdings Limited
Company Secretary
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