The recent notification of major holdings in Moonpig Group Plc by abrdn plc affiliated investment management entities indicates a change in voting rights. The notification, made in accordance with the TR-1 standard form, reveals that on June 10, 2024, the aggregate of abrdn plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios crossed a certain threshold. This resulted in a decrease in the voting rights effectively held indirectly by the underlying intermediate holding company abrdn Holdings Limited and the underlying investment management entity abrdn Investments Limited, falling below the 5% notifiable threshold due to trading on that day.

Prior to this crossing, abrdn Holdings Limited effectively held and abrdn Investments Limited held 5.293418% of the delegated voting rights. The resulting situation on the date of the threshold being crossed or reached shows that the total number of voting rights held in the issuer is 23,582,759, representing 6.863005% of the voting rights attached to shares. This indicates a decrease from the previous position, which was 8.898974% of the voting rights.

The disclosure further explains that the shares detailed are 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 notification was completed on June 11, 2024, in Aberdeen, United Kingdom.

This notification provides valuable insight into the changes in voting rights and the holdings of abrdn plc affiliated investment management entities in Moonpig Group Plc, offering transparency and clarity regarding the company's major holdings and the entities involved in managing these holdings.