Aberdeen Japan Equity Fund, Inc. Announces Results Of Annual Meeting Of Stockholders

PHILADELPHIA, June 21, 2017 /PRNewswire/ -- Aberdeen Japan Equity Fund, Inc. (the "Fund") (NYSE: JEQ) held its Annual Meeting of Stockholders (the "Meeting") on June 21, 2017.  At the Meeting, stockholders of the Fund voted to re-elect two Class III Directors to the Board of Directors. 

As of the record date, April 28, 2017, there were 13,377,692 outstanding shares of the Fund.  93.32% 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 re-elect two Class III Directors to the Board of Directors:

Directors whose term of office continued beyond the Meeting are as follows: Radhika Ajmera, Martin Gruber, David Harmer and Rahn Porter.

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.

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SOURCE The Japan Equity Fund, Inc.