As a result of its strategic review, launched on 13 February 2023, abrdn Smaller Companies Trust (ASCI) has proposed that it combine with Shires Income (SHRS). The merger will also see ASI's revenue reserve paid out as a pre- liquidation dividend. ASCI's shareholders will have an option to either roll into SHRS or take a cash payout. ASCI's credit facility will also be repaid prior to its merger. Further documentation is expected to be published in September, which may include details on the exact timetable.