The Fund announced that its Board of Trustees has approved the terms of the issuance of transferable rights (“Rights”) to the Fund’s common shareholders, allowing the holders of Rights to subscribe for new common shares of beneficial interest, par value $0.001 per share (“Common Shares”) of the Fund (the “Offering”). The Board of Trustees, based on the recommendations and presentations of Aberdeen Investments (the “Adviser” or “Aberdeen”), and others, has determined that it is in the best interests of the Fund and its common shareholders to conduct the Offering and seek to increase the assets of the Fund available for investment in accordance with the Fund’s long-term investment strategy. The Offering seeks to provide an opportunity to existing common shareholders to purchase Common Shares at a discount to market price (subject to a sales load).
The subscription period is expected to begin on the Record Date and expire on October 15, 2026 (the “Expiration Date”), unless extended, and the Rights may be exercised at any time during the subscription period. The Rights are expected to trade on the New York Stock Exchange on a “when issued” basis under the symbol “ASGI RTWI” on September 18, 2026, and will begin “regular way” trading under the symbol “ASGI RT” on or about September 22, 2026. The last day of trading for the Rights is expected to be October 14, 2026.
The subscription price will be determined on the Expiration Date and will equal 92.5% of the average of the closing market price of the Fund’s Common Shares on the Expiration Date and each of the four preceding trading days. If that amount is less than 92.5% of the Fund’s net asset value (“NAV”) per share at the close of trading on the Expiration Date, the subscription price will be 92.5% of NAV per share at the close of trading on the Expiration Date. The estimated Subscription Price has not yet been determined by the Fund.
Common Shares issued in the Offering will not be eligible to receive the distribution by the Fund payable September 30, 2026 to shareholders of record on September 22, 2026 and Common Shares issued in the Offering after the distribution record date, which is expected to be on or about October 6, 2026, for the Fund’s regular monthly distribution for October will also not be eligible to receive such October distribution.