Abrdn Di&g Regulatory News (ADIG)

abrdn Diversified Income and Growth plc

LEI - 2138003QINEGCHYGW702

abrdn Holdings Limited announces the unaudited net asset values (NAVs) of abrdn Diversified Income and Growth plc as at close of business on 30 September 2025. Unless otherwise disclosed, the NAVs have been calculated in accordance with the recommendations of the Association of Investment Companies. In particular: (1) financial assets have been valued on a fair value basis using bid prices, or, if more appropriate, a last trade basis; (2) debt is valued at par and, where applicable, debt is also separately valued at market value (3) diluted NAVs are disclosed where applicable (for this purpose, treasury shares are excluded for the purposes of calculation); and (4) provisions for performance fees are included where applicable.

Investor information

The NAVs in respect of 30 September 2025 incorporate adjustments to the valuation of certain investments as reported by their underlying managers / general partners ("GPs"). This is in light of the pricing of those assets included in signed, conditional Sale and Purchase Agreements entered into by the Company with funds managed by members of the Patria Investments group in respect of those assets, as noted in the Company's announcement dated 1 October 2025.

Under the Company's investment policy, as set out in the Annual Report and Financial Statements for the year ended 30 September 2024 and unaltered as at the date of this announcement, remaining private markets assets are valued at the net asset values for such assets as notified to the Company by the underlying GPs (predominantly on a quarterly basis) adjusted as required for distributions and capital calls over the period since the issue of a capital statement.

Shareholders and any potential investors should note that, as announced in the Company's update of 1 October 2025, further net sales proceeds achieved during the ongoing secondary sales process for individual assets that remain within the portfolio may be considerably less than the value reflected in the NAVs in respect of 30 September 2025. Valuations will be amended only as further Sale and Purchase Agreements are signed and a degree of certainty regarding achievable value may be recognised.

The Board will continue to assess the value that is expected to be achieved through any proposed secondary sale against the quantum that would otherwise be expected to be delivered to shareholders (on a net present value basis) through holding the relevant asset to its natural maturity, having regard to the timing and relative certainty of execution and returns.

The Company will make further NAV announcements where it is considered to be appropriate. It is currently expected that the next NAV release will be calculated as at 31 October 2025.

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