On October 20, 2023, abrdn plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios acquired a total of 10.341981% of voting rights in Close Brothers Group PLC. This acquisition resulted in a decrease from their previous position of 11.666589% of voting rights. The total number of voting rights held by abrdn plc is 15,561,264. The voting rights are attached to shares with the ISIN code GB0007668071.

It is important to note that the voting rights are effectively held indirectly by abrdn Investments (Holdings) Limited and abrdn Investment Management Limited. The disclosure also mentions that the voting rights held by these entities decreased below the 5% notifiable threshold due to an in-specie transfer on October 20, 2023. Prior to this transfer, abrdn Investments (Holdings) Limited effectively held 5.695998% of voting rights, and abrdn Investment Management Limited held 5.818794% of voting rights.

The notification also states that the shares detailed in the disclosure are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients. The clients have delegated the exercise of the voting power to the referenced investment manager.

This notification was completed on October 23, 2023, in Edinburgh, United Kingdom.