Custodian REIT Announces Adjourned General Meeting Date for Share Merger

Custodian Property Income REIT plc (CREI) has scheduled its adjourned general meeting for March 19, 2024, as a significant step towards its recommended all-share merger with abrdn Property Income Trust Limited. This meeting, pivotal for the merger's approval, follows a prior announcement confirming the adjournment and will be held in London.

Shareholders of CREI are expected to receive the notice for this crucial meeting shortly, with proxy votes from the previous meeting on February 27, 2024, remaining valid. The company has outlined procedures for shareholders wishing to amend their voting instructions. This merger promises to consolidate CREI's and abrdn's property investment portfolios, enhancing their market presence.

The meetings are part of a sequence of events leading up to the merger, with further meetings scheduled for March 20, 2024. These steps illustrate the meticulous planning and regulatory compliance involved in such significant corporate actions, aiming for a seamless integration of the two entities.