REG - abrdn Euro Logistics - Response to DL Invest Group

abrdn European Logistics IncomeAnnouncement

17/12/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251217:nRSQ8422La&default-theme=true

RNS Number : 8422L  abrdn European Logistics Income plc  17 December 2025

17 December 2025

abrdn European Logistics Income plc

LEI: 213800I9IYIKKNRT3G50

 

Response to DL Invest Group

 

The Board of abrdn European Logistics Income plc (the "Company" or "ASLI")
notes the open letters published by DL Invest Group on 12 December 2025.

In July 2024, following extensive consultation, shareholders voted
overwhelmingly in favour of adopting a managed wind-down process (the "Managed
Wind-Down") and the Board remains committed to delivering this strategy on
behalf of shareholders.

In recent days, the Board has received feedback from shareholders representing
approximately 25% of the share register, all of whom have confirmed their
continued support for the Managed Wind-Down. At this time, the Board is not
aware of any shareholders who are supportive of halting the Managed Wind-Down,
other than DL Invest Group, which became a shareholder in October 2025.

With 20 of the original 27 portfolio assets having been sold, generating
aggregate gross sales proceeds of €400 million before repayment of
associated debt, the Managed Wind-Down is well progressed and nearing
completion. Of the seven remaining assets, the Company has already exchanged
contracts on three and of the remaining four, three are in exclusivity and at
an advanced stage of due diligence. The Board expects all remaining disposals
to be finalised during Q1 2026, with capital returned to shareholders shortly
thereafter.

Convening a General Meeting to consider a change in the Company's investment
policy, as proposed by DL Invest Group, would incur costs for all shareholders
and divert management attention at a point when the Company is close to
concluding the Managed Wind-Down. The Board firmly believes that completing
the Managed Wind-Down is in the best interests of shareholders as a whole.
 

 

 Enquiries:

Aberdeen                                  +44 (0) 20 7156 2382

 Ben Heatley

 Investec Bank plc                         +44 (0) 20 7597 4000

 David Yovichic

 Denis Flanagan

 FTI Consulting                            +44 (0) 20 3727 1000

 Edward Knight

 Dido Laurimore

 Richard Gotla

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RSPGPGQUPUPAPGQ



            Copyright 2019 Regulatory News Service, all rights reserved