abrdn Global Infrastructure director acquires 1,000 shares
The subscription terms provided one new common share for every three rights, at $19.28 per share.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
abrdn Global Infrastructure Income Fund (ASGI) director Donal Reynolds exercised 3,000 transferable subscription rights on October 15, 2026, acquiring 1,000 common shares at the $19.28 subscription price. His direct holdings afterward were 4,000 common shares, and his rights position was zero. He exercised the basic subscription privilege in full and did not use the oversubscription privilege.
Insider Trade Summary
3,000 shares exercised/converted
Exercise
2 txns
Insider
Reynolds Donal
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Transferable Subscription Right (right to buy) F1, F2 | 3,000 | -- | -- |
| In-the-Money Exercise | Common Stock F1, F2 | 1,000 | -- | -- |
Holdings After Transaction:
Transferable Subscription Right (right to buy) — 0 contracts (Direct);
Common Stock — 4,000 shares (Direct)
Footnotes (2)
- F1. On September 11, 2026, abrdn Global Infrastructure Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of September 21, 2026 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 10,545,755 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $19.28 and was fixed as of the close of the subscription period on October 15, 2026 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, (continued in footnote 2)
- F2. which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $19.28 per common share, additional common shares of the Fund, subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person exercised his basic subscription right in full, but did not exercise the oversubscription privilege. The subscription rights expired on October 15, 2026 at 5:00 p.m. Eastern time.
Key Figures
Transferable subscription rights exercised: 3,000 rights
Common shares acquired: 1,000 shares
Subscription price: $19.28 per common share
+2 more
5 metrics
Transferable subscription rights exercised
3,000 rights
October 15, 2026
Common shares acquired
1,000 shares
October 15, 2026
Subscription price
$19.28 per common share
Rights Offering
Direct common shares following transaction
4,000 shares
After the October 15, 2026 transaction
Transferable subscription rights following transaction
0 rights
After the October 15, 2026 transaction
Key Terms
basic subscription privilege, oversubscription privilege, pro rata allocation, Record Date Shareholder
4 terms
basic subscription privilege financial
"the basic subscription privilege"
A basic subscription privilege is a shareholder right that lets existing owners buy a proportional share of newly issued stock before it’s offered to outside buyers, helping them avoid dilution of their ownership. Think of it like a neighbor being offered first dibs on extra slices of pizza so they keep the same portion of the pie; for investors, it preserves voting power and potential future earnings per share.
oversubscription privilege financial
"The Rights Offering also includes an oversubscription privilege"
An oversubscription privilege is an option offered to existing shareholders during a rights offering that lets them request extra shares beyond their initial allotment if other shareholders don’t take theirs. Think of it like being allowed to buy extra concert tickets if some fans return theirs; it gives investors a chance to maintain or increase their ownership, avoid dilution, and potentially buy shares at a set price before the wider market can.
pro rata allocation financial
"subject to availability and pro rata allocation of shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the ASGI Rights Offering subscription terms?
The Rights Offering provided one new common share for every three rights held. Holders who fully used the basic subscription privilege could also seek additional shares under the oversubscription privilege, subject to availability and pro rata allocation. Reynolds did not use that privilege.
AI-generated analysis. How Rhea-AI works. Not financial advice.
