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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               +44 (0) 131 372 2200

Secretaries

Charles Mearns

 

 

Aberdeen Standard Investments                                        +44 (0) 20 7463 6000

Manager

William Hemmings

 

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