$AWP·8-K

abrdn Global Premier Properties Fund · Apr 1, 5:15 PM ET

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abrdn Global Premier Properties Fund 8-K

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abrdn Global Premier Properties Fund Announces $55M ATM Share Offering

What Happened On April 1, 2026, abrdn Global Premier Properties Fund (NYSE: AWP) announced it entered into an amended and restated Distribution Agreement with ALPS Distributors, Inc. to offer and sell up to $55,000,000 of common shares of beneficial interest through “at‑the‑market” (ATM) transactions under Rule 415. The Distributor has an amended and restated Sub‑Placement Agent Agreement with UBS Securities LLC to assist in placing the shares. The Offering is being made pursuant to a prospectus supplement dated April 1, 2026 and the Fund’s shelf registration statement on Form N‑2.

Key Details

  • Date: April 1, 2026 (Distribution Agreement and Sub‑Placement Agent Agreement executed).
  • Size: Up to $55,000,000 of common shares may be sold from time to time.
  • Agents: Distributor — ALPS Distributors, Inc.; Sub‑Placement Agent — UBS Securities LLC.
  • Price constraint: Under the Investment Company Act, the Fund may not sell shares below current NAV (excluding distributing commission or discount).
  • Legal: Opinion of Dechert LLP regarding legality of the shares is filed as Exhibit 5.1.

Why It Matters This ATM arrangement gives the Fund flexibility to raise capital incrementally and quickly when market conditions are favorable, rather than through a single large offering. Issuing shares through an ATM can dilute existing shareholders when shares are sold, so investors should watch for future issuance activity and its effect on NAV and per‑share metrics. The filing includes standard legal and placement agreements, and the Offering will proceed under the Fund’s effective registration statement and prospectus supplement.

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