05:14 AM EDT, 07/22/2026 (MT Newswires) -- GCP Asset Backed Income Fund (GABI.L) said Wednesday it intends to execute a compulsory partial redemption of shares totaling 45 million pounds sterling. The closed-ended investment company will redeem ordinary shares at 0.6864 pound apiece, equivalent to its latest net asset value per share on June 30, minus dividends declared on July 17. Payment under the planned redemption will be made by Aug. 14 to shareholders on record July 31, with the redeemed ordinary shares canceled.

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