On October 13, 2023, abrdn plc and its affiliated investment management entities, acting on behalf of multiple managed portfolios, acquired voting rights in FDM Group (Holdings) PLC. The total voting rights held by abrdn plc and its entities amount to 6.673151% of the total voting rights in FDM Group (Holdings) PLC, which corresponds to 7,312,140 voting rights. This represents a decrease from their previous position of 6.775436% of the voting rights. The acquisition of voting rights was notified to FDM Group (Holdings) PLC on October 16, 2023.
The voting rights are held indirectly through abrdn Investments (Holdings) Limited and abrdn Investment Management Limited. Prior to the acquisition, abrdn Investments (Holdings) Limited and abrdn Investment Management Limited held 5.020356% of the delegated voting rights in FDM Group (Holdings) PLC.
It is important to note that the voting rights held by abrdn plc and its entities 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 investment manager.
This notification is in accordance with the standard form for notification of major holdings (TR-1) and provides the necessary details regarding the acquisition of voting rights by abrdn plc and its affiliated entities.