Abrdn Diversified Income & Growth

abrdn Diversified Income and Growth has completed two secondary sales of fund interests and private-market assets for gross proceeds of about £13.8m and has signed a conditional sale agreement for a further fund interest with a gross value of about £13.3m. The sale prices, as reflected in the NAV at 31.12.2025, already included provisions for expected transaction and liquidation costs. Two fund interests remain in the secondary sale process; conditional sale agreements have been signed for these and completion is expected in the week commencing 16 March 2026. The board plans to inform shareholders shortly of proposals to convert the company into a voluntary liquidation; the company is in a controlled wind‑down. » Mere på de.investing.com

abrdn Diversified Income will pay about £43.7 million (14.5 pence per ordinary share) to shareholders through a pro rata bonus issue of B shares, which will be immediately redeemed at £0.01 after issue. Ex-date is 25 February, record date 26 February; the B shares will be issued on 27 February and proceeds paid by 9 March. The programme continues the capital return approved on 3 July 2024; around £172 million has been returned so far. » Mere på de.investing.com

abrdn Diversified Income and Growth reports progress on its orderly realisation: binding offers have been received for the entire private markets portfolio and sale agreements for 13 fund interests and 50% stakes in two further funds have been signed. The company expects around £47m from partial disposals, including transactions with Patria Investments; NAV per share fell year on year by 25.4% to 50.36p, while the share price rose to 46.00p. On 21 November the company returned £57.2m under the B-share programme; the board plans further capital returns in Q1 2026 and is considering a voluntary liquidation if solvent. » Mere på de.investing.com

abrdn Diversified Income and Growth has signed initial conditional sale agreements and committed to sell fund shares amounting to 33% of net asset value to two funds managed by Patria Investments; the sale is at a 28.5% discount to valuation and is expected to generate around £47m in net proceeds. The company also redeemed its holding in the Aberdeen Global Private Markets Fund, valued at £17m, at NAV. After an intensive marketing process, the board expects to sell the remaining portfolio or present offers by the end of 2025 and anticipates average discounts of 30–35% to reporting valuations. As of 29 September the company had cash of about £55m and undrawn commitments of around £26m; an interim dividend of 1.5 pence per share will be paid on 30 October, further capital returns are planned for November 2025, and a voluntary liquidation in Q1 2026 is under consideration. » Mere på de.investing.com