On November 16, 2023, Focusrite PLC received a notification of a major holding from abrdn plc affiliated investment management entities. The reason for the notification was an acquisition or disposal of voting rights. The total positions of the person subject to the notification obligation indicate that the voting rights attached to shares are below 5%. There are no voting rights through financial instruments. The resulting situation on the date the threshold was crossed or reached is below 5% voting rights. The position of the previous notification was 5.249993% voting rights.
The notification provides details of the voting rights attached to shares, which are below 5% for both direct and indirect voting rights. There are no financial instruments with voting rights. The information in relation to the person subject to the notification obligation shows that abrdn plc is the ultimate controlling person, with various controlled undertakings holding voting rights and financial instruments.
In terms of proxy voting, no information is provided regarding the proxy holder, the number and percentage of voting rights held, or the date until which the voting rights will be held.
Additional information states that the shares detailed in the notification are managed by the named discretionary investment management entity on behalf of underlying clients, based on investment management agreements where the client has delegated the exercise of voting power to the investment manager.
The notification was completed on November 16, 2023. The place of completion is not specified.