Abrdn Global Premier Properties Fund announces “AT-the-Market” Stock Offer Program Investing.com
Philadelphia, Pa / Access to Newswire / 23. January 2025. / Abrdn Global Premier Properties Fund (NYSE 🙂 (“Fund”), closed fund, announced that he submitted to the US Securities and Exchange Commission (“SEC”) 23. January 2025, an addition to the prospectus to his registration statement according to which he may offer And sell from time to time, in one or more offers on the market, ordinary shares of a fund that have a total price offered up to $ 27.5 million (“A ™ Program”).
The fund must not sell any usual section at a price lower than the current net value of the property (“NAV”) of such ordinary shares, excluding any distribution commission or discount. There may be no guarantee that the fund will be involved in any sale or any certain level of sale of ordinary shares if the shares are offered. It is foreseen that all income collected revenues will be used for investment purposes.
The investor should read the prospectus of the fund carefully and the prospectus pre -investment supplement. Fund’s shares can be offered directly once or more customers, through agents that name the Fund from time to time, or through a patron or trader. An addition to the Prospectus relating to the offer will identify all agents, patrons or dealers involved in the sale of the Fund’s shares, and will indicate all applicable sales prices, fees, commissions or deals on the discount between us and our agents or insurers, or between our insurers , or the basis on which such an amount can be calculated. The fund’s shares should not be sold through agents, patrons or traders without delivery of a prospectus that describes the mode and conditions of the specific offer of the Fund’s shares.
Investors can ask for these documents for free on the Fund website at www.abrdnawp.com or get them on the SEC website at www.sec.gov.
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Information in this press release serves only for information purposes and do not represent an offer for sale or search for a offer for sale or search for a bid to buy any securities or seek any vote or approval in any jurisdiction in accordance with or in connection with the proposed transaction or otherwise, nor will there be any sale, issuance or transfer of securities in any jurisdiction in contrast to the applicable law. No value of securities will be given, except through a prospectus that meets the requests of section 10 of the 1933 securities law, with amendments.
There is no guarantee that the fund will achieve its investment goals. The NAV Fund will vary with the value of fundamental securities. It is important to note that closed funds trade on the basis of their market value, not NAV, and closed funds often trade with a discont in relation to their NAV. The past effect is not an indicator of future effect. Investing in the fund is subject to certain risks and other considerations.
The Fund is a diversified investment company of a closed control type. The fund seeks high liquid revenue and increase in capital value. The price of ordinary shares of the Fund is determined by numerous factors, many of which are beyond the control of the Fund.
The Fund advises Abrdn Investments Limited, and advises Abrdn Inco auxiliary. The ordinary shares of the fund is traded on the NYSE under the symbol “AWP”.
In the United States, Abrdn is a marketing name for the following associate, registered investment advisers: Abrdn Inc., Abrdn Investments Limited, Abrdn Asia Limited and Abrdn ETFS Advisors LLC.
Investors should carefully consider the investment goals of the fund, risks, fees and costs before investing in the Fund. There is no guarantee that the Fund will achieve its goal of investment.
Closed funds are traded on the secondary market through one of the stock markets. The refund of the fund investment and the principal value will fluctuate so that investors’ shares can be worth more or less than the original price. Closed fund sections can be traded above (premium) or below (discount) NAV portfolio of the Fund.
abrdnawp.com
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Contact for more information:
Abrdn Inc.
Relations with investors
800-522-5465
Intovestor.relations@abrdn.com
SOURCE: Abrdn Global Premier Properties Fund
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