Brief: Abrdn New Dawn Announces Proposed Combination With Asia Dragon Trust

Abrdn New Dawn Investment Trust

21/07/2023 07:38

July 21 (Reuters) - Abrdn New Dawn Investment Trust PLC
 ABD.L :
    * PROPOSED COMBINATION WITH ASIA DRAGON TRUST PLC
    * AGREED HEADS OF TERMS WITH ASIA DRAGON TRUST ON A PROPOSED
COMBINATION OF ABRDN NEW DAWN WITH ASIA DRAGON
    * COMBINATION WILL BE EFFECTED BY WAY OF A SCHEME OF
RECONSTRUCTION AND WINDING UP OF ABRDN NEW DAWN
    * UNDER TERMS OF SCHEME AN UP TO 25 PER CENT. CASH EXIT
OPPORTUNITY WILL BE OFFERED TO ABRDN NEW DAWN SHAREHOLDERS

Source text for Eikon:  ID:nRSU7233Ga 
Further company coverage:  ABD.L 

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