⌘K
t
Aberdeen Group plc notified Telecom Plus PLC of a change in its major holding, with total voting rights decreasing from 8.842998% to 7.680864%, representing 6,119,245 voting rights. This threshold crossing event occurred on May 21, 2025, and was reported on May 22, 2025. The notification was due to an in-specie transfer that caused its subsidiary, abrdn Investment Management Limited, to increase its delegated voting rights in Telecom Plus PLC to 5.118090%, crossing the 5% notifiable threshold.
| Date | 23 May 2025 |
| Time | 07:00:09 |
| Category | Holding(s) in company |
| ID | 8758J |
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0008794710
Issuer Name
TELECOM PLUS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
Other
Comments
Due to receipt of shares via an in-specie transfer.
3. Details of person subject to the notification obligation
Name
Aberdeen Group plc
City of registered office (if applicable)
Edinburgh
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
21-May-2025
6. Date on which Issuer notified
22-May-2025
7. Total positions of person(s) subject to the notification obligation
|
% of voting rights attached to shares (total of 8.A) |
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B) |
Total number of voting rights held in issuer |
|
|
Resulting situation on the date on which threshold was crossed or reached |
7.680864 |
0.000000 |
7.680864 |
6,119,245 |
|
Position of previous notification (if applicable) |
8.842998 |
0.000000 |
8.842998 |
|
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
|
Class/Type of shares ISIN code(if possible) |
Number of direct voting rights (DTR5.1) |
Number of indirect voting rights (DTR5.2.1) |
% of direct voting rights (DTR5.1) |
% of indirect voting rights (DTR5.2.1) |
|
GB0008794710 |
|
6,119,245 |
|
7.680864 |
|
Sub Total 8.A |
6,119,245 |
7.680864 |
||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
|
|
|
|
|
|
|
Sub Total 8.B1 |
|
|
|
|
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Physical or cash settlement |
Number of voting rights |
% of voting rights |
|
|
|
|
|
|
|
|
Sub Total 8.B2 |
|
|
|
||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
|
Ultimate controlling person |
Name of controlled undertaking |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
|
Aberdeen Group plc |
|
|
|
|
|
Aberdeen Group plc |
abrdn Investments (Holdings) Limited |
|
|
|
|
Aberdeen Group plc |
abrdn Investment Management Limited |
5.118090 |
0.000000 |
5.118090 |
|
|
|
|
|
|
|
Aberdeen Group plc |
|
|
|
|
|
Aberdeen Group plc |
abrdn Holdings Limited |
|
|
|
|
Aberdeen Group plc |
abrdn Investments Limited |
|
|
|
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
In reference to Section 9, 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.
This disclosure reflects the fact that the voting rights effectively held indirectly by the underlying intermediate holding company abrdn Investments (Holdings) Limited ("aI(H)L") and held by the underlying investment management entity abrdn Investment Management Limited ("aIML") increased above the 5% notifiable threshold due to receipt of shares via an in-specie transfer on 21 May 2025. aI(H)L now effectively holds and aIML holds the delegated voting rights to 5.118090% of the shares in Telecom Plus plc.
12. Date of Completion
22-May-2025
13. Place Of Completion
Edinburgh, United Kingdom