Business
5th capital distribution by way of B Share scheme
abrdn European Logistics Income plc is proceeding with its fifth capital distribution via a B Share scheme, returning approximately Euro 19.0 million (c.£16.5 million) to shareholders. This distribution, equivalent to 4.0 pence per ordinary share, will be issued on 15 May 2026 and paid on 29 May 2026, bringing the total capital returned to shareholders to 43.0 pence per ordinary share, or approximately £177 million. The company is also seeking shareholder approval at its upcoming AGM to support further capital returns, with additional sale proceeds expected to be repatriated from European jurisdictions. Disclaimer*
About this update from Abrdn European Logistics Income Plc
[{"type":"text","content":"\n\n24 April 2026\n \nabrdn European Logistics Income plc LEI: 213800I9IYIKKNRT3G50\nFifth capital distribution by way of B Share scheme\nabrdn European Logistics Income plc (the \"Company\" or \"ASLI\") announces its fifth capital distribution under the B Share scheme.\nApproved B Share Scheme\nThe Board has resolved to return approximately Euro 19.0 million (c.£16.5 million) of aggregate net sales proceeds to Shareholders under the B Share scheme.\nB Shares will be allotted and issued to Shareholders pro rata to their holdings of Ordinary Shares as at the Record Date. No fractions of B Shares will be issued and entitlements will be rounded down to the nearest whole B Share. The B Shares carry only limited rights and full details of their rights and restrictions are set out in Part 3 of the Company's circular, dated 6 November 2024, available on the Company's website at www.aberdeeninvestments.com/en-gb/asli under the Literature section.\nNo share certificates will be issued in respect of the B Shares, no CREST accounts will be credited with such shares, and no application will be made for the B Shares to be admitted to listing or trading on any exchange.\nB Shares will be issued and redeemed by the Company's registrar, Equiniti. Each redemption will be at the option of the Company and undertaken shortly after issue. At that time, all B Shares in issue will be compulsorily redeemed and cancelled in accordance with their terms for an amount equal to the nominal value paid up on the B Shares.\nRedemption proceeds will be delivered via CREST to uncertificated Shareholders and by cheque to certificated Shareholders.\nFifth B Share Scheme Distribution\nPursuant to the authority received from Shareholders at the general meeting held on 22 November 2024, the Board has approved the issue of further B Shares of one penny each. B Shares will be issued to Shareholders by way of a bonus issue on the basis of 4 B Shares for every 1 Ordinary Share held at the Record Date of 6.00 p.m. on 14 May 2026 (ex-date: 13 May 2026).\nThe B Shares will be issued and immediately redeemed on 15 May 2026, with redemption proceeds equivalent to 4.0 pence per Ordinary Share. Payments will be made on 29 May 2026 through CREST to uncertificated Shareholders or via cheque to certificated Shareholders.\nThis distribution follows prior returns of 4.0 pe...