| Change Details | |
|---|---|
| Title | Shires Income Plc |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited, Quilter Investment Platform Limited |
| Effective Date | 18 March 2026 |
| 1. Asset details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Asset Group | abrdn Fund Managers Limited |
| Asset Name | Shires Income Plc |
| Type of change | Merger |
| Date merger effective from | 18 March 2026 |
| Date asset suspended | 9 March 2026 |
| Deadline for investors to switch out if appropriate | 2:00pm on 9 March 2026 |
| Is the event subject to shareholder approval? | Yes |
| 2. Asset details | |
| Current Asset | New Asset |
| Shires Income Plc | abrdn Equity Income Trust PLC |
| 3. Merger details | |
| Will the rebalancing option automatically continue? | Yes |
| 4. Investment objectives | |
| Previous objective | 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 other fixed income securities. The Company has borrowed to purchase assets. |
| New objective | To provide shareholders with a progressive dividend and long-term capital growth from a portfolio invested predominantly in UK listed equities. The portfolio will normally comprise between 50 and 70 individual equity holdings and may invest in preference shares (including convertibles), convertible loan stocks, gilts, and corporate bonds, and may invest in derivatives for efficient portfolio management and income generation. |