NEW YORK, Jan. 10, 2019 (GLOBE NEWSWIRE) -- The Asia Pacific Fund, Inc. (the “Fund”) announces today that it has adopted a final timeline for its liquidation (“Timeline”) pursuant to the Plan of Liquidation and Dissolution (the “Plan”) previously approved by the Fund’s stockholders at the 2018 Annual Meeting of Stockholders.

Pursuant to the Timeline, the Fund will close its stock registry books at the close of business on Wednesday, January 23, 2019 (the “Determination Date”) and the trading of the Fund’s stock on the New York Stock Exchange (“NYSE”) will be suspended before the market open on Thursday, January 24, 2019.  The proportionate interests of stockholders in the assets of the Fund shall be fixed on the basis of their respective holdings as of the close of business on the Determination Date and the Fund anticipates making a liquidating distribution of the Fund’s assets on or about Thursday, January 31, 2019 to stockholders who owned Fund shares as of the Determination Date.  It is currently expected that on Friday, February 8, 2019 the Fund will be de-listed from the NYSE.

This release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of Fund securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

The Fund is a diversified, closed-end management investment company whose shares are traded on the NYSE.  The Fund trades under the symbol “APB.”

Contact:
Pristine Advisors
888-427-4272
www.asiapacificfund.com