abrdn Asia-Pacific Income Fund VCC Announces Pricing of 2022 Voluntary Cash Redemption

Mar 31, 2022

TORONTO, ON / ACCESSWIRE / March 31, 2022 / abrdn Asia-Pacific Income Investment Fund VCC (TSX:FAP, Financial) (UEN: T21VC0235H) (the "Company"), a closed-end investment company trading on the Toronto Stock Exchange, announced today that ordinary shares (the "Shares") accepted for the 2022 voluntary cash redemption will be redeemed at a rounded price of $3.28 per Share in Canadian dollars. This price is equal to 100% of the average net asset value per Share based on the three business days preceding the redemption date of March 31, 2022, less direct costs. The pro-rata redemption rate will be 0.278 (i.e., for every 1,000 Shares submitted by a shareholder for redemption, 278 Shares will be redeemed). Payment of the redemption proceeds will be made on or before April 8, 2022. Shares that will be redeemed remain eligible for the March 2022 distribution.

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