REG - Chesnara PLC - Holding(s) in Company

ChesnaraAnnouncement

09/12/2021 07:00

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RNS Number : 0518V  Chesnara PLC  09 December 2021

CHESNARA plc

("Chesnara" or "the Company")

 

LEI Number: 213800VFRMBRTSZ3SJ06

 

09 December 2021

NOTIFICATION OF MAJOR HOLDINGS

1. Issuer Details

ISIN

GB00B00FPT80

Issuer Name

CHESNARA PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Aggregate of abrdn plc affiliated investment management entities with
delegated voting rights on behalf of multiple managed portfolios

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

06-Dec-2021

6. Date on which Issuer notified

07-Dec-2021

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  13.979641                                             0.000000                                                                   13.979641                       20,989,816
 Position of previous notification (if applicable)                          14.006610                                             0.000000                                                                   14.006610

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)
 GB00B00FPT80                                                                          20,989,816                                                                       13.979641
 Sub Total 8.A                                20,989,816                                                                            13.979641

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  % of voting rights
                                                                            exercised/converted

 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)

 abrdn plc
 abrdn plc  Aberdeen Asset Management PLC
 abrdn plc  Aberdeen Asset Managers Limited          6.996884  0.000000  6.996884%

 abrdn plc
 abrdn plc  abrdn Investments (Holdings) Limited
 abrdn plc  abrdn Investment Management Limited      5.912956  0.000000  5.912956%

 abrdn plc
 abrdn plc  abrdn Investments (Holdings) Limited
 abrdn plc  Ignis Asset Management Limited
 abrdn plc  Ignis Investment Services Limited

 abrdn plc
 abrdn plc  Aberdeen Asset Management PLC
 abrdn plc  Aberdeen Asset Investment Group Limited
 abrdn plc  Aberdeen Asset 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.

12. Date of Completion

07-Dec-2021

13. Place Of Completion

Belfast, United Kingdom

 

The above notification is made in accordance with the requirements of the EU
Market Abuse Regulation.

 

For further information, please contact:

 

Roddy Watt

Director, Capital Markets

FWD

Forward thinking communications

 

T - 020 7280 0651

E - roddy.watt@fwdconsulting.co.uk (mailto:roddy.watt@fwdconsulting.co.uk)

 

Notes to Editors

Chesnara is a life and pensions company listed on the London Stock Exchange.
It administers approximately 900,000 policies and operates as Countrywide
Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as
Movestic in Sweden.

 

Following a three-pillar strategy, Chesnara's primary responsibility is the
efficient administration of its customers' life and savings policies, ensuring
good customer outcomes and providing a secure and compliant environment to
protect policyholder interests. It also adds value by writing profitable new
business in Sweden and the Netherlands and by undertaking value-adding
acquisitions of either companies or portfolios.

 

Consistent delivery of the Company strategy has enabled Chesnara to increase
its dividend for 17 years in succession.

 

Further details are available on the Company's website (www.chesnara.co.uk
(http://www.chesnara.co.uk/) ).

 

 

 

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