Close Brothers Group PLC received a notification of major holdings from abrdn plc affiliated investment management entities. The notification, dated February 5, 2024, indicated that the aggregate of abrdn plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios had acquired 9.967213% of voting rights attached to shares, totaling 14,999,414 voting rights in the company. This represents a decrease from the previous position of 10.341981% of voting rights.

The notification also detailed that the shares were managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the client has delegated the exercise of the voting power to the referenced investment manager.

The ultimate controlling person in this notification is abrdn plc, with various controlled undertakings holding the voting rights. The notification provided a comprehensive breakdown of the controlled undertakings and their respective percentages of voting rights.

This notification provides insight into the changes in major holdings within Close Brothers Group PLC and the entities involved in the acquisition or disposal of voting rights.