REG-abrdn Property Income Trust Limited: Return of Capital & Final Property Income Distribution

abrdn Property Income TrustAnnouncement

16/10/2025 07:45

ABRDN Property Income Trust Limited                                           
                                
                                                  (an authorised closed-ended
investment company incorporated in Guernsey with registration number 41352)   
                                                    
                                              LEI Number: 549300HHFBWZRKC7RW84
                                           
                                                                          
(The “Company”)

16 OCTOBER 2025

Return of Capital & Final Property Income Distribution

The Board of abrdn Property Income Trust Limited (the “Company”) are
pleased to announce further returns to shareholders of an aggregate 3.92127467
pence per Company share, through a return of capital of 3 pence per Company
share and payment of a final property income distribution (“PID”) of
0.92127467 pence per Company share (together, the “2025 Distribution”).

The 2025 Distribution equates to an aggregate return of funds to shareholders
of approximately £15 million.

The Board considers that the distributions outlined below (including the final
PID) constitute the maximum which can be made at this stage whilst retaining a
prudent reserve within the Company to cover any future costs through
liquidation.

Return of Capital – Issue and redemption of Redeemable Bonus Shares

Further to the initial return of the proceeds of the sale of abrdn Property
Holdings Limited (a former subsidiary of the Company), by way of an issue and
redemption of Redeemable Bonus Shares in December 2024, the Directors of the
Company announce their intention to make a further return of proceeds by a
similar method. One Redeemable Bonus Share will be issued for each ordinary
share in the Company and shall be repurchased for 3 pence per Redeemable Bonus
Share (the “Return of Capital”).

The timetable for the Return of Capital is as follows:

Ex-Dividend Date -  6 November 2025
Record Date -   6.00 p.m. on 7 November 2025                                
                                     
                                                                          
Expected redemption and cancellation of Redeemable Bonus Shares - 10 November
2025                                                                      
                                                                          
Payment Date -  13 November 2025                                             
                        
                                                                          
Redemption price per Redeemable Bonus Share - 3.0p

Final PID

As detailed in the Company’s Interim Results for the period to 30 June 2025,
a consequence of the Company exiting the REIT regime in November 2024 was that
it was required to distribute 100% of the accumulated income profits of the
Group’s UK property rental business (“Property Income”).  An interim
PID of 3p was made in January. The Board are now pleased to announce that the
final PID due to shareholders is 0.92127467p.

Ex-Dividend Date -   23 October 2025
Record Date -            24 October 2025                           
                            
                                                            Payment Date
-         13 November 2025                                            
           
                                                                              
            Dividend per Share -  0.                                         
    92127467                                              p

All Enquiries:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited  
                                                                   
                                                                           PO
Box 255                                                                      
                                                                          
Trafalgar Court                                                               
      
                                                                           Les
Banques                                                                      
                                                                           St
Peter Port                                                                    
 
                                                                          
Guernsey                                                                      
                                                                           GY1
3QL

Tel:  01481 745001



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