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abrdn Life Sciences Investors Proxy Solicitation & Information Statement 2019

Apr 15, 2019

32941_rns_2019-04-15_a60e98e8-9586-4db4-9e31-a2886ad70a2e.zip

Proxy Solicitation & Information Statement

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DEFA14A 1 a19-3008_6defa14a.htm DEFA14A

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. )
Filed by the Registrant x
Filed by a Party other than the Registrant o
Check the appropriate box:
o Preliminary Proxy Statement
o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
o Definitive Proxy Statement
x Definitive Additional Materials
o Soliciting Material Pursuant to §240.14a-12
Tekla Life Sciences Investors
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
x No fee required.
o Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid:
o Fee paid previously with preliminary materials.
o Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:

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*TEKLA LIFE SCIENCES INVESTORS*

We want to make you aware that your clients that hold shares in the Tekla Life Sciences Investors (the “Fund”) as of the record date of April 17, 2019, have received proxy materials regarding the Annual Meeting of Shareholders slated for June 13, 2019.

The materials include a proxy statement with detailed information about several proposals and a proxy card that shareholders can sign and return in a postage paid envelope. The materials will also provide instructions on how shareholders can vote by telephone or through the Internet. You can access the materials by visiting www.proxy-direct.com/TKL-30548. Shareholders will be asked to vote on the following proposals.

**The Board of Trustees of the Fund recommends that shareholders vote FOR the election of all nominees for election as Trustees, FOR the selection of Deloitte & Touche LLP as the independent registered accountants of the Fund and AGAINST the shareholder proposal .****

Proposal Summary RECOMMENDED VOTE — FOR ALL WITHHOLD ALL
1. Election of three Class C Trustees – 1.01 – Rakesh K. Jain, Ph.D 1.02 – Thomas M. Kent, CPA 1.03 – Elizabeth G. Nabel, MD
FOR AGAINST ABSTAIN
2. The ratification or rejection of the selection of Deloitte & Touche LLP as the independent registered public accountants of the Fund for the fiscal year ending September 30, 2019.
3. Shareholder proposal requesting that the Fund take the steps necessary to reorganize the Board of Trustees into one class with each Trustee subject to election each year, if properly presented at the meeting.

*Please note that your clients may receive a telephone solicitation in connection with this Annual Meeting from Okapi Partners, the Fund’s proxy solicitor .* However, we are committed to helping you maintain your client relationships while we carry out our solicitation process. To that end, we are asking for your support and assistance in answering any questions you may receive from your clients on this matter.

· Please ask your clients to vote as soon as possible . Instructions on how they can vote, over the phone, by internet or by mail will be detailed on the proxy card they receive.

· If you have discretion to vote on behalf of your clients, we can take direction via email from you and get your client’s shares voted quickly and easily, provided they are listed in Okapi’s database . All we would need is an email stating “I am authorized to vote on the listed accounts”, and how you want those shares voted. For example, “Vote with Board Recommendation for all proposals”. We would just need a spreadsheet with clients’ names, addresses and share positions.

· Explain that their vote is critical no matter how many shares they own.

· If you or your clients have any questions, please provide this toll-free number for more information: 1-877-279-2311. Agents are available to answer questions or to record voting instructions Monday through Friday from 9:00 a.m. to 9:00 p.m. Eastern Time. The voting process is quick and easy and will require only a couple minutes of their time.

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Telephonic Message

This is Dan Omstead, President and Portfolio Manager of Tekla Life Sciences Investors. We recently sent you proxy materials for the upcoming Annual Meeting of Shareholders on June 13 th , but have not yet received your vote. I am asking you to please vote your shares as soon as possible. There is a detailed explanation of the Board’s views in the materials you have received but, in summary, the Board recommends you vote AGAINST Proposal 3, a shareholder proposal, and FOR Proposals 1 and 2. To quickly vote your shares, please call our proxy firm, Okapi Partners, toll-free at 877-279-2311. Again, that is 877-279-2311. Thank you in advance for your assistance with this matter and for your continued support of the Fund.

SEQ.=1,FOLIO='',FILE='C:\JMS\105192\19-3008-6\task9301691\3008-6-bi.htm',USER='105192',CD='Apr 12 12:50 2019'