API Abrdn Property Income Trust Limited

 
TIDMSLI 
 
STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED 
 
To: RNS 
 
From: Standard Life Investments Property Income Trust Limited 
 
Date: 29 October 2014 
 
CONVERSION TO UK REIT 
 
As noted in the annual report and financial statements for the year ended 31 
December 2013 the Board of Standard Life Investments Property Income Trust 
Limited (the "Company") recently completed a review of the tax efficiency of 
the Company's present structure and concluded that it would be in the best 
interests of the vast majority of Shareholders if the Company becomes a UK based 
real estate investment trust (a "REIT"). 
 
Accordingly, the Company has today published a circular to Shareholders (the 
"Circular")in connection with the proposals for the Company to become tax 
resident in the UK for the purposes of entering into the UK REIT regime (the 
"Proposals") and proposing a resolution to make the necessary amendments to the 
Company's articles of incorporation (the "Articles") in connection with the 
Proposals. 
 
The Proposals are conditional on Shareholders approving the amendments to the 
Articles and are expected to become effective on 1 January 2015. The General 
Meeting will be held at 10.00 a.m. on 20 November 2014 at Trafalgar Court, Les 
Banques, St. Peter Port, Guernsey GY1 3QL. 
 
A copy of the Circular has been submitted to the National Storage Mechanism and 
will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM. 
 
 
For further information please contact: 
 
Standard Life Investments 0131 245 2735 
Gordon Humphries, Investment Director 
 
Winterflood Securities Limited 
Graeme Caton 0203 100 0268 
 
 
 
 
END 
 

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