Close Brothers Group PLC received a notification of major holdings from abrdn plc affiliated investment management entities. The notification, dated 29th February 2024, indicated an increase in voting rights to 10.200123%, up from the previous 9.967213%. This change resulted from the acquisition of 15,349,915 voting rights attached to shares. The shares are managed by the investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements delegating the exercise of voting power to the referenced investment manager.
The notification also detailed the controlled undertakings through which the voting rights and/or financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities. The ultimate controlling person is abrdn plc, with various controlled undertakings holding different percentages of voting rights.
This notification provides insight into the changes in voting rights within Close Brothers Group PLC and the entities involved in the management of these rights.