PHILADELPHIA, March 28, 2016 /PRNewswire/ -- Aberdeen
Israel Fund, Inc. (the "Fund") (NYSE MKT: ISL) held its Annual
Meeting of Shareholders (the "Meeting") on March 24, 2016. At the Meeting,
shareholders of the Fund voted to re-elect one Class I Director to
the Board of Directors.
As of the record date, February 5,
2016, there were 4,033,805 outstanding shares of the
Fund. 84.7% of the outstanding shares were voted at the
Meeting representing a quorum.
The description of the proposal and number of shares voted at
the Meeting are as follows:
To elect one Class I Director to the Board of Directors:
|
Votes For
|
Votes
Against
|
Abstain
|
|
Lawrence J.
Fox
|
3,307,968
|
77,213
|
32,968
|
Directors whose term of office continued beyond the Meeting are
as follows: Enrique R. Arzac,
James J. Cattano, and Steven N. Rappaport.
Closed-end funds are traded on the secondary market through one
of the stock exchanges. The Fund's investment return and principal
value will fluctuate so that an investor's shares may be worth more
or less than the original cost. Shares of closed-end funds may
trade above (a premium) or below (a discount) the net asset value
(NAV) of the fund's portfolio. There is no assurance that the Fund
will achieve its investment objective.
If you wish to receive this information electronically, please
contact InvestorRelations@aberdeen-asset.com
aberdeenisl.com
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SOURCE Aberdeen Israel Fund, Inc.