REG - abrdn Diversfd. I&G - Update on Managed Wind-Down

abrdn Diversified Income and GrowthAnnouncement

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RNS Number : 1273W  abrdn Diversified Income and Growth  11 March 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION (EU) NO 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF
THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED ("UK MAR"). ON
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY (IN WHOLE
OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE
A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THE JURISDICTION.

11 March 2026

For Immediate Release

ABRDN DIVERSIFIED INCOME AND GROWTH PLC

(the "Company")

 

Update on Managed Wind-Down

The Board is pleased to announce that the Company has completed two further
secondary sales of its fund investments and private market assets ("Fund
Interests") (the "Newly Completed Sales") raising gross consideration of
approximately £13.8 million. In addition, the Company has entered into
further conditional sale and purchase agreements in respect of an additional
Fund Interest (the "Newly Agreed Sale") for gross consideration of
approximately £13.3 million (subject to customary completion adjustments and
before transaction costs).

As previously reported, each of the Fund Interests sold pursuant to the Newly
Completed Sales were being carried by the Company at the agreed sale price in
the Company's last reported net asset value ("NAV") (as at 31 December 2025),
which also included accruals for the Company's expected transaction, operating
and liquidation costs. Furthermore, in the light of the advanced stage of
negotiations, the Fund Interest to be sold pursuant to the Newly Agreed Sale
was also being carried by the Company at the agreed sale price in the 31
December 2025 NAV.

These recent developments leave only the Fund Interest that is the subject of
the Newly Agreed Sale and the remaining 50 per cent. of an additional Fund
Interest subject to the Company's secondary sales process (together, the
"Remaining Sales").((1)) Both of the Remaining Sales are now subject to signed
conditional sale agreements. The completion of the Remaining Sales remains
subject to certain conditions but are currently expected to complete during
the week commencing 16 March 2026. Accordingly, the Board expects to write to
shareholders of the Company shortly regarding proposals to place the Company
into members' voluntary liquidation.

The timing of receipt of consideration from the Remaining Sales will be driven
by the closing date of the transaction.

Enquiries:

abrdn Diversified Income and Growth plc

Davina Walter
(Chairman)
via Burson Buchanan

Dickson Minto Advisers LLP

Douglas Armstrong / Andrew Clark / Jamie Seedhouse            +44
(0)20 7649 6823

Burson Buchanan

Helen Tarbet / Henry Wilson / Nick
Croysdill                            +44 (0)20 7466
5000

 
 
 ADIG@buchanancomms.co.uk

Notes:

(1)  The Company's interests in Aberdeen Global Private Markets Fund (which
was exited through the fund's redemption mechanics in September 2025) and
PIMCO Private Income Fund (which is expected to be exited through the fund's
redemption mechanics in Q4 2026) were excluded from the Company's secondary
sales process. The Company's residual interests in Markel Catco Reinsurance
Opportunities Fund (a de minimis holding in a fund in managed wind-down) and
Aberdeen European Residential Opportunities Fund (the value of which was
written down to nil on 31 January 2025) were also excluded from the Secondary
Sales Process.

Important information

This announcement is released by the Company and the information contained
within this announcement is deemed by the Company to constitute inside
information for the purposes of Article 7 of UK MAR. Upon publication of this
announcement via a Regulatory Information Service, such information is now
considered to be in the public domain. The person responsible for arranging
for the release of this announcement on behalf of the Company is abrdn
Holdings Limited, the Company Secretary.

The Company's LEI number is 2138003QINEGCHYGW702.

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