Compliance with US Executive Order 13959

RNS Number : 1056L

Aberdeen Asian Income Fund Limited

08 January 2021

 

ABERDEEN ASIAN INCOME FUND LIMITED (the "Company")

Legal Entity Identifier: 549300U76MLZF5F8MN87

Compliance with US Executive Order 13959

As a result of the US's Executive Order 13959 ("Order") which applies to US Persons who are Shareholders in the Company, US Persons are prohibited from purchasing "publicly traded securities" of 35 Chinese companies identified as Communist Chinese Military Companies ("CCMCs"). The Company can confirm that it has approximately 2.5% of the Company's NAV invested in the current list of CCMCs. If appropriate, the Company expects to have divested of this exposure by 11 November 2021, the deadline under the Order. The Board will monitor the situation closely, as facts and circumstances continue to evolve, in particular to assess the impact on Shareholders and any actions required to be taken.  Shareholders should seek their own independent advice.

For further information:

Aberdeen Standard Capital International Limited  [phone]

Secretaries

Charles Mearns

Aberdeen Standard Investments  [phone]

Manager

William Hemmings

 

END

 

 

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