Business
Publication of Circular/Notice of General Meeting
abrdn European Logistics Income plc has published a circular and notice for a general meeting on February 20, 2026, to consider resolutions requisitioned by DL Invest Group ISR SARL. These resolutions propose to replace the company's current investment policy, which is implementing a managed wind-down, with a prior policy and to negotiate replacing the current investment manager with DL Invest Group. The Board unanimously recommends shareholders vote against both resolutions, citing the advanced stage of the managed wind-down, which has already seen 23 of 27 assets sold for over €420 million, and arguing that approving the resolutions would introduce uncertainty, delay capital returns, and incur additional costs. Disclaimer*
About this update from Abrdn European Logistics Income Plc
[{"type":"text","content":"\n\nabrdn European Logistics Income plc LEI: 213800I9IYIKKNRT3G50\n28 January 2026\nPublication of Circular and Notice of Requisitioned General Meeting\nThe Board of abrdn European Logistics Income plc (the \"Company\" or \"ASLI\") announces that it has today published a circular (the \"Circular\") in connection with the request to requisition a general meeting of the Company (the \"Requisition\") from Vidacos Nominees Limited, as nominee on behalf of DL Invest Group ISR SARL (\"DL Invest\").\nThe Circular contains a notice convening a general meeting of the Company which will be held at 18 Bishops Square, London E1 6EG on 20 February 2026 at 10.00 a.m. (the \"Requisitioned General Meeting\"). The Circular will shortly be made available on the Company's website at www.eurologisticsincome.co.uk.\nThe Circular includes the background to, and reasons for, the Requisitioned General Meeting and why the Board unanimously recommends that Shareholders vote AGAINST each of the resolutions that will be proposed at the Requisitioned General Meeting.\nThe Requisition and the DL Invest proposals\nAs announced on 12 January 2026, the Requisition received from DL Invest, who became a Shareholder in the Company in October 2025 when the disposal programme was already significantly advanced, requests that the Directors convene the Requisitioned General Meeting for the purpose of allowing Shareholders to consider the requisitioned business (the \"Requisitioned Business\") which was stated in the Requisition to be:\n(a) \"the replacement of the Company's investment policy dated 23 July 2024 (the \"Existing Investment Policy\") with a replacement investment policy on terms substantially similar to the investment policy of the Company which was in effect prior to the adoption of the Existing Investment Policy, subject to approval of the Financial Conduct Authority where required, and the Company's ongoing disposal strategy to implement the current Investment Policy shall be terminated\" and\n(b) \"that the Company shall seek to negotiate the replacement of the Company's existing investment manager with DL Invest Group, including negotiating the terms of a new investment management agreement with DL Invest Group and the termination of the Company's existing investment manage...