REG - abrdn Pvt Equity Phoenix Group Hldgs - Holding(s) in Company

Phoenix groupAnnouncement

31/10/2023 14:30

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RNS Number : 9060R  abrdn Private Equity Opp Trst plc  31 October 2023

 

31 October 2023

 

abrdn Private Equity Opportunities Trust plc

Legal Entity Identifier (LEI): 2138004MK7VPTZ99EV13

 

Holdings in Company

 

The Board of abrdn Private Equity Opportunities Trust plc ("the Company") has
received notification from Phoenix Group Holdings plc ("Phoenix Group") that
the shares in the Company held by Standard Life Assurance Limited ("SLAL") and
Phoenix Life Assurance Limited ("PLAL") have been transferred intra-group to
Phoenix Life Limited ("PLL"). Phoenix Group holds, through its subsidiaries,
53.72 per cent. of the Company's shares.

 

This transfer is part of the wider intra-group transfer by the Phoenix Group
of the insurance businesses of SLAL and PLAL to PLL which has been effected
pursuant to an insurance business transfer scheme under Part VII of the
Financial Services and Markets Act 2000 ("the Scheme"). The Scheme became
operative at 23:59 on Friday, 27 October 2023 but with effect from 23:59 on
Saturday, 30 September 2023.

 

 

For further information please contact:

 

Paul Evitt

Company Secretary

abrdn Holdings Limited

0131 372 2200

 

Alan Gauld

Investment Manager

abrdn Capital Partners LLP

0131 528 4424

 

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