Hunting PLC has announced a notification of major holdings. The notification states that abrdn plc affiliated investment management entities, with delegated voting rights on behalf of multiple managed portfolios, have acquired voting rights in Hunting PLC. The acquisition took place on October 26, 2023, and the issuer was notified on October 27, 2023. The total positions of the entities show that they now hold 5.364766% of the voting rights in Hunting PLC, with a total of 8,848,650 voting rights.

The notification provides details of the resulting situation on the date the threshold was crossed or reached. It states that the entities hold 8,848,650 direct voting rights, representing 5.364766% of the total voting rights. There are no financial instruments mentioned in the notification.

The notification also includes information about the person subject to the notification obligation. The ultimate controlling person is abrdn plc, and the chain of controlled undertakings includes abrdn Investments (Holdings) Limited and abrdn Investment Management Limited. These entities hold 5.036196% of the voting rights in Hunting PLC.

In terms of proxy voting, no information is provided regarding the name of the proxy holder, the number and percentage of voting rights held, or the date until which the voting rights will be held.

The additional information section of the notification explains that the shares in Hunting PLC are managed by the named discretionary investment management entity on behalf of underlying clients. The clients have delegated the exercise of voting power to the investment manager. The disclosure reflects the increase in voting rights held indirectly by the intermediate holding company and the investment management entity, which now hold 5.036196% of the shares in Hunting PLC.

The notification was completed on October 27, 2023, and the place of completion is not specified.