RCS - DL Invest Group ISR - OPEN LETTER TO ABRDN EUROPEAN LOGISTICS INCOME PLC
RNS Number : 5177RDL Invest Group ISR Sarl20 August 2026DL INVEST GROUP REQUESTS EXPLANATIONS FROM ASLI BOARD ON MANAGED WIND-DOWN
DL Invest Group S.A., a shareholder of abrdn European Logistics Income plc ("ASLI"), has formally requested a comprehensive, evidence-based explanation of the Board's oversight of the Company's managed wind-down.
The February 2024 circular indicated that the process could be completed within approximately two years. In January 2026, the Board described the wind-down as advanced and approaching completion, with remaining disposals expected "over the coming months". However, the final asset remains unsold, additional operating, management, advisory and liquidation costs continue, and capital remains exposed to further erosion.
DL Invest requests disclosure of the revised timetable, reasons for delays, the status of the remaining sale, a detailed reconciliation of actual and forecast costs, updated expected proceeds per share, and the Board's assessment of alternative exit mechanisms. These include a voluntary tender offer, partial share repurchase or structured cash exit.
The Board is also asked to publish an RIS update, establish a long-stop date, reduce recurring costs and provide a substantive response within 10 business days.
The full letter is available at:
https://dlinvest.pl/en/open-letter-to-the-board-of-directors-of-abrdn-european-logistics-income-plc/
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