On 26th July 2023, the board of Shires Income Trust (SHRS) announced that it had agreed terms with the board of abrdn Smaller Companies Income Trust (ASCI) for a combination of the assets of ASCI and Shires. Iain Pyle, manager of Shires Income Trust, explains the details of the proposed combination and unpacks the benefits to both ASCI and SHRS shareholders in this short video. Watch now.
Video
VideoShires Income manager update video: Proposed combination explained
Iain Pyle, manager of Shires Income plc, sets out the details of the proposed combination of Shires Income and abrdn Smaller Companies Income Trust, and unpacks the benefits to shareholders.
Author
Iain Pyle
Senior Investment Director, UK Equities
Duration: 4 Mins
Date: 06 Sept 2023