Schroder AsiaPacific Fund PLC Compliance with US Executive Order 13959 (3128L)
January 11 2021 - 12:17PM
UK Regulatory
TIDMSDP
RNS Number : 3128L
Schroder AsiaPacific Fund PLC
11 January 2021
11 January 2021
Schroder AsiaPacific Fund plc (the "Company")
Compliance with US Executive Order 13959
In November 2020 the United States government issued Executive
Order 13959, which prohibits U.S. persons from engaging in any
transaction in publicly traded securities in Communist Chinese
military companies (as well as certain related securities) and
which will first become effective on 11 January 2021.
Schroders, the Company's Investment Manager, as a group complies
with US Sanctions and hence will be taking steps to comply with the
Executive Order. The Board and Investment Manager are closely
monitoring this matter as it continues to evolve. None of the
Company's current portfolio holdings are affected by the Executive
Order.
Enquiries:
Benjamin Hanley
Schroder Investment Management Limited
Tel: 020 7658 3847
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