OSB Osb Group Plc

 
TIDMOSB 
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BLDRH360

Issuer Name

OSB GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

Other

Comments

Intra-group business and assets transfer from Ignis Investment Services Limited to abrdn Investment Management Limited

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

31-Aug-2022

6. Date on which Issuer notified

01-Sep-2022

7. Total positions of person(s) subject to the notification obligation

 
                                                           % of voting                                                                                        Total 
                                                              rights                                                                                        number of 
                                                           attached to                                                                                       voting 
                                                          shares (total     % of voting rights through financial instruments (total    Total of both in    rights held 
.                                                            of 8.A)                           of 8.B 1 + 8.B 2)                        % (8.A + 8.B)       in issuer 
                                                        ----------------  ---------------------------------------------------------  ------------------  ------------- 
   Resulting situation on the date on which threshold 
    was crossed or reached                                      7.964330                                                   0.000000            7.964330     35,048,332 
------------------------------------------------------  ----------------  ---------------------------------------------------------  ------------------  ------------- 
   Position of previous notification (if applicable)                5.61                                                       0.00                5.61 
------------------------------------------------------  ----------------  ---------------------------------------------------------  ------------------  ------------- 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
                      Number of      Number of 
Class/Type of       direct voting    indirect      % of direct   % of indirect 
shares ISIN            rights      voting rights  voting rights  voting rights 
code(if possible)     (DTR5.1)      (DTR5.2.1)      (DTR5.1)      (DTR5.2.1) 
------------------  -------------  -------------  -------------  ------------- 
GB00BLDRH360                          35,048,332                      7.964330 
------------------  -------------  -------------  -------------  ------------- 
Sub Total 8.A                 35,048,332                     7.964330 
------------------  ----------------------------  ---------------------------- 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of     Expiration  Exercise/conversion  Number of voting rights that may be acquired if the  % of 
financial   date        period                instrument is exercised/converted                   voting 
instrument                                                                                        rights 
----------  ----------  -------------------  ---------------------------------------------------  ------ 
 
Sub Total 
8.B1 
----------  -------------------------------  ---------------------------------------------------  ------ 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of     Expiration  Exercise/conversion  Physical    Number of  % of 
financial   date        period               or cash     voting     voting 
instrument                                   settlement  rights     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      Name of 
controlling   controlled       % of voting rights if it equals or is higher than   % of voting rights through financial instruments if   Total of both if it equals or is higher than the notifiable 
person        undertaking                   the notifiable threshold               it equals or is higher than the notifiable threshold                           threshold 
------------  ---------------  -------------------------------------------------  -----------------------------------------------------  ----------------------------------------------------------- 
   abrdn plc 
------------  ---------------  -------------------------------------------------  -----------------------------------------------------  ----------------------------------------------------------- 
                 abrdn 
                 Investments 
                 (Holdings) 
   abrdn plc     Limited 
------------  ---------------  -------------------------------------------------  -----------------------------------------------------  ----------------------------------------------------------- 
                 abrdn 
                  Investment 
                  Management 
   abrdn plc      Limited                                               5.924437                                               0.000000                                                     5.924437 
------------  ---------------  -------------------------------------------------  -----------------------------------------------------  ----------------------------------------------------------- 
 
   abrdn plc 
-----------------------------  -------------------------------------------------  -----------------------------------------------------  ----------------------------------------------------------- 
   abrdn plc     Aberdeen 
                  Asset 
                  Management 
                  PLC 
------------  ---------------  -------------------------------------------------  -----------------------------------------------------  ----------------------------------------------------------- 
   abrdn plc     Aberdeen 
                  Asset 
                  Managers 
                  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 held indirectly by the underlying investment management entity abrdn Investment Management Limited ("aIML") increased above the 5% notifiable threshold due to an internal corporate restructure on 31 August 2022. aIML now holds the delegated voting rights to 5.924437% of the shares in OSB Group PLC.

12. Date of Completion

01-Sep-2022

13. Place Of Completion

Aberdeen, United Kingdom

(END) Dow Jones Newswires

September 02, 2022 04:58 ET (08:58 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.