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Abrdn China Investment Company Limited (ACIC) ORD GBP0.01

Sell:407.00p Buy:410.00p 0 Change: 1.00p (0.25%)
Market closed Prices as at close on 29 February 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

Abrdn China Investment Company Limited ORD GBP0.01

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 22 Feb 2024)

The Board of Abrdn China Investment Company Limited is proposing to wind up the company. You can take no action and receive new Fidelity China Special Situations plc shares or elect to receive cash in place of your holding.

 

Option 1 - Rollover into Fidelity China Special Situations plc (DEFAULT). You can rollover your holding into new Fidelity China Special Situations plc (FCSS) shares. If you would like this option you do not need to take any action.

 

Option 2 - Cash option. As an alternative to the FCSS shares, you can instead elect to receive cash in place of all or part of your holding. This is subject to an overall limit of 33% of the shares in issue, so if you elect for cash for more than 33% of your holding you may not get all you ask for.

 

Electing for cash – Act by noon Tuesday 5 March 2024

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:407.00p
Buy:410.00p
Change: 1.00p (0.25%)
Market closed Prices as at close on 29 February 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

Abrdn China Investment Company Limited ORD GBP0.01

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 22 Feb 2024)

The Board of Abrdn China Investment Company Limited is proposing to wind up the company. You can take no action and receive new Fidelity China Special Situations plc shares or elect to receive cash in place of your holding.

 

Option 1 - Rollover into Fidelity China Special Situations plc (DEFAULT). You can rollover your holding into new Fidelity China Special Situations plc (FCSS) shares. If you would like this option you do not need to take any action.

 

Option 2 - Cash option. As an alternative to the FCSS shares, you can instead elect to receive cash in place of all or part of your holding. This is subject to an overall limit of 33% of the shares in issue, so if you elect for cash for more than 33% of your holding you may not get all you ask for.

 

Electing for cash – Act by noon Tuesday 5 March 2024

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:407.00p
Buy:410.00p
Change: 1.00p (0.25%)
Market closed Prices as at close on 29 February 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

Abrdn China Investment Company Limited ORD GBP0.01

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 22 Feb 2024)

The Board of Abrdn China Investment Company Limited is proposing to wind up the company. You can take no action and receive new Fidelity China Special Situations plc shares or elect to receive cash in place of your holding.

 

Option 1 - Rollover into Fidelity China Special Situations plc (DEFAULT). You can rollover your holding into new Fidelity China Special Situations plc (FCSS) shares. If you would like this option you do not need to take any action.

 

Option 2 - Cash option. As an alternative to the FCSS shares, you can instead elect to receive cash in place of all or part of your holding. This is subject to an overall limit of 33% of the shares in issue, so if you elect for cash for more than 33% of your holding you may not get all you ask for.

 

Electing for cash – Act by noon Tuesday 5 March 2024

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

abrdn China Investment Company Limited is a Guernsey-based closed-ended investment company. The Company's investment objective is to produce long-term capital growth by investing predominantly in Chinese equities. The Company invests in companies listed, incorporated or domiciled in the People's Republic of China (China), or companies that derive a significant proportion of their revenues or profits from China operations or have a significant proportion of their assets there. The Company's alternative investment fund manager is abrdn Fund Managers Limited. The Company’s investment manager is abrdn Hong Kong Limited.

Important dates

Future events
There are no future events available.
Past events
Final results 16 February 2024 16/02/24
Annual report 16 February 2024 16/02/24
Interim results 28 June 2023 28/06/23
AGM 13 April 2023 13/04/23
Interim dividend payment date 17 March 2023 17/03/23

General stock information

EPIC:
ACIC
ISIN:
GG00B45L2K95
Market cap:
£173.59 million
Shares in issue:
42.65 million
Sector:
Equity Investment Instruments
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
FTSE All Share,FTSE Small Cap

Contact details

Address:
11 New Street
SAINT PETER PORT
GY1 2PF
Guernsey
Telephone:
+ (0)
Website:
https://www.abrdnchina.co.uk/

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.