Shires Income plc (SHRS) Ordinary 50p Shares

Shires Income PLC is a United Kingdom-based closed-end investment company. The Company's investment objective is to provide shareholders with a high level of income, together with the potential for growth of both income and capital, from a diversified portfolio substantially invested in United Kingdom equities but also in preference shares, convertibles and other fixed-income securities. Its investment policy is to invest principally in the ordinary shares of the United Kingdom quoted companies, and in preference shares, convertibles and other fixed-income securities with above-average yields. The Company invests in various sectors, including basic materials, consumer discretionary, consumer staples, energy, financials, healthcare, industrials, real estate, technology, telecommunications, utilities and others. The Company's alternative investment fund manager is abrdn Fund Managers Limited.

The investment objective is to provide shareholders with a high level of income, together with the potential for growth of both income and capital from a diversified portfolio substantially invested in UK equities but also in preference shares, convertibles and fixed income securities

• Ongoing charge1.01%
• Annual management charge -
• Performance feeNo

Management fee is 0.45% p.a. up to GBP100m and 0.40% p.a. over GBP100m of the net assets, calculated monthly and paid quarterly. Contract is terminable on notice period of six months.