U.S. Markets closed

Aberdeen Latin America Equity Fund, Inc. Announces Results of Annual Meeting of Shareholders

PHILADELPHIA, March 30, 2017 /PRNewswire/ -- Aberdeen Latin America Equity Fund, Inc. (the "Fund") (NYSE MKT: LAQ) held its Annual Meeting of Shareholders (the "Meeting") on March 30, 2017.  At the Meeting, shareholders of the Fund voted to re-elect one Class II Director to the Board of Directors. 

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment. (PRNewsFoto/Aberdeen Asset Management Inc.)

As of the record date, February 6, 2017, there were 7,448,517 outstanding shares of the Fund.  90.33% 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 II Director to the Board of Directors:


Votes For

Votes Against

Abstain

James J. Cattano

3,527,299

3,185,312

15,444

Directors whose term of office continued beyond the Meeting are as follows: Enrique R. Arzac, Lawrence J. Fox 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

aberdeenlaq.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aberdeen-latin-america-equity-fund-inc-announces-results-of-annual-meeting-of-shareholders-300432341.html