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AAIF Abrdn Asian Income Fund Limited

213.00
1.50 (0.71%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Abrdn Asian Income Fund Limited LSE:AAIF London Ordinary Share GB00B0P6J834 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 0.71% 213.00 212.00 214.00 213.00 213.00 213.00 275,492 16:29:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end -7.19M -17.07M -0.1033 -20.62 351.88M

Aberdeen Asian Income Fund Limited Directorate Change (2155Y)

01/03/2017 2:10pm

UK Regulatory


Abrdn Asian Income (LSE:AAIF)
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TIDMAAIF

RNS Number : 2155Y

Aberdeen Asian Income Fund Limited

01 March 2017

ABERDEEN ASIAN INCOME FUND LIMITED (the "Company")

Legal Entity Identifier (LEI): 549300U76MLZF5F8MN8

Information disclosed in accordance with paragraphs 9.6.13 (1) - (6) of the FCA Listing Rules

1 March 2017

Directorate

(1) Appointment of Mr Mark Florance on 10 May 2017

The Board of Aberdeen Asian Income Fund Limited is pleased to announce that Mr Mark Florance will be appointed to the Board as an independent non-executive Director of the Company with effect from the conclusion of the Annual General Meeting ("AGM") to be held on 10 May 2017.

Mr Peter Arthur, Chairman, commented:

"I am very pleased that Mr Florance has agreed to join the Board with effect from 10 May 2017. Mark is a Singapore Permanent Resident with over 25 years' experience in corporate finance advisory, mergers and acquisitions, equity capital markets, debt capital markets and debt restructuring in Asia across most industry sectors, particularly energy, telecoms, resources, consumer, banking, media, property and transport. Mark started his career at Arthur Andersen before moving to NM Rothschild & Sons Limited, Australia in 1988. Mark left Rothschilds Singapore in 2012 as executive vice chairman to become founder and managing director of S.E.A. Strategic Pte Limited, a company involved in strategic consulting around private equity."

There are no disclosures required to be made for Mr Florance in respect of paragraphs 9.6.13 (1) - (6) of the Financial Conduct Authority's Listing Rules.

Mr Florance is not interested in any of the Company's shares.

(2) Retirement of Mr Andrey Berzins on 10 May 2017

As part of the Board's on-going plans for orderly succession Mr Berzins has indicated that he intends to retire from the Board with effect from the conclusion of the AGM of the Company to be held on 10 May 2017.

Aberdeen Private Wealth Management Limited

Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAUGUCAWUPMGUG

(END) Dow Jones Newswires

March 01, 2017 09:10 ET (14:10 GMT)

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