Court Approval of Cancellation of Capital Reserve

Summary by AI BETAClose X

abrdn European Logistics Income plc has received High Court confirmation to cancel its Capital Redemption Reserve, which will be transferred to a new special reserve that can be used for distributable profits, including potential future distributions under the Company's B Shares scheme. The effective date of this cancellation will be announced once the court order is registered at Companies House, after which further details on the next B Share distribution will be provided.

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