Die Shibuya-Kreuzung in Tokio, Japan.
Donnerstag, 23.06.2016 22:45 von | Aufrufe: 69

Aberdeen Japan Equity Fund, Inc. Announces Results Of Annual Meeting Of Stockholders

Die Shibuya-Kreuzung in Tokio, Japan. pixabay.com

PR Newswire

PHILADELPHIA, June 23, 2016 /PRNewswire/ -- Aberdeen Japan Equity Fund, Inc. (the "Fund") (NYSE: JEQ) held its Annual Meeting of Stockholders (the "Meeting") on June 22, 2016.  At the Meeting, stockholders of the Fund voted to re-elect two Class II Directors to the Board of Directors and elect one Class III Director to the Board of Directors. 

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment.

As of the record date, April 29, 2016, there were 13,600,536 outstanding shares of the Fund.  87.45% of the outstanding shares were voted at the Meeting representing a quorum.

The description of the proposal and number of shares voted at the Meeting are as follows:

To re-elect two Class II Directors to the Board of Directors and elect one Class III Director to the Board of Directors:


Votes For

Votes Against

Abstained


ARIVA.DE Börsen-Geflüster

David Harmer

10,801,208

1,031,558

60,812

Rahn Porter

10,900,463

931,776

61,339

Anthony Clark

10,899,336

932,857

61,384

Directors whose term of office continued beyond the Meeting are as follows: Radhika Ajmera, Martin Gruber and Richard Herring.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.

If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com

aberdeenjeq.com

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aberdeen-japan-equity-fund-inc-announces-results-of-annual-meeting-of-stockholders-300289624.html

SOURCE Aberdeen Japan Equity Fund, Inc.

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