Aberdeen Asset Addresses Key Issue

The HeraldApril 17, 2004

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Summary


ABOUT 15,000 shareholders of Aberdeen Asset Management's Murray International Trust have had to be re-sent paperwork to ensure they can vote at its forthcoming annual meeting, after a mix-up at a London mailing house.

Moorenvelopes, a sole trader based in London's East End, has borne the (pounds) 7000 financial cost of the embarrassment. It acted swiftly to re-mail all of the shareholders after discovering that some had been sent a "letter of directions" intended for savings plan scheme members, rather than the forms of proxy they should have received.

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Extract


Aberdeen Asset Addresses Key Issue

Aberdeen Asset Management, secretary to the (pounds) 452m Murray International as well as the fund manager, apologised to shareholders in a covering le...

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