An update on the combination of SHRS and ASCI portfolios

On 26th July 2023, the board of Shires Income Trust (SHRS) announced that it had agreed terms with the board of abrdn Smaller Companies Income Trust (ASCI) for a combination of the assets of ASCI and Shires. Iain Pyle, sets out the details of the proposed combination and unpacks the benefits to both SHRS and ASCI shareholders.

Recorded - August 2023.

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