TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0033875286

Issuer Name

ABRDN PROPERTY INCOME TRUST LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights; Other

Comments

UBS trading book holdings in Abrdn Property Income Trust Ltd fell below 5% and are therefore exempt from reporting.

3. Details of person subject to the notification obligation

Name

UBS Group AG – Investment Bank & Global Wealth Management

City of registered office (if applicable)

London

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

26-Mar-2025

6. Date on which Issuer notified

28-Mar-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 0.000000 0.000000 0.000000 0 Position of previous notification (if applicable) 8.094991 0.000000 8.094991

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) GB0033875286 0 0.000000 Sub Total 8.A 0 0.000000%

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 UBS Group AG (Chain 1) UBS Group AG (Chain 1) UBS AG

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

UBS trading book holdings in Abrdn Property Income Trust Ltd fell below 5% and are therefore exempt from reporting.

12. Date of Completion

28-Mar-2025

13. Place Of Completion

Zurich, Switzerland

28 March 2025

abrdn Property Income Trust Limited

(an authorised closed-ended investment company incorporated in Guernsey with registration number 41352)

LEI Number: 549300HHFBWZRKC7RW84

Progress Update

The Board of abrdn Property Income Trust plc (“API” or the “Company”) has continued to progress the managed wind-down of the Company following the initial return of proceeds of 55 pence per share in December 2024.

The Company anticipates releasing its annual results for the year to 31 December 2024 in late April 2025, at which time, API will provide an update on the managed wind-down process, including progress on the sale of Far Ralia, an update on any completion adjustments following the portfolio sale, and future distributions to shareholders.

Enquiries:

abrdn Property Income TrustMike Balfour (Chair)                                                    via WinterfloodWinterflood (Corporate Broker to API)Neil Langford                                                               +44 20 3100 0160         

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0033875286

Issuer Name

ABRDN PROPERTY INCOME TRUST LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

UBS Group AG – Investment Bank & Global Wealth Management

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Name City of registered office Country of registered office UBS AG London United Kingdom

5. Date on which the threshold was crossed or reached

25-Mar-2025

6. Date on which Issuer notified

27-Mar-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 8.094991 0.000000 8.094991 30859643 Position of previous notification (if applicable) 0.000000 0.000000 0.000000

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) GB0033875286 30859643 8.094991 Sub Total 8.A 30859643 8.094991%

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 UBS Group AG (Chain 1) UBS Group AG (Chain 1) UBS AG 8.094991 8.094991%

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

12. Date of Completion

27-Mar-2025

13. Place Of Completion

Zurich, Switzerland

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0033875286

Issuer Name

ABRDN PROPERTY INCOME TRUST LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

UBS Group AG - Investment Bank & Global Wealth Management

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Name

City of registered office

Country of registered office

UBS AG

London

United Kingdom

5. Date on which the threshold was crossed or reached

13-Mar-2025

6. Date on which Issuer notified

17-Mar-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

8.464563

0.000000

8.464563

32268521

Position of previous notification (if applicable)

0.000000

0.000000

0.000000

 

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)

GB0033875286

 

32268521

 

8.464563

Sub Total 8.A

32268521

8.464563%

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

UBS Group AG (Chain 1)

 

 

 

 

UBS Group AG (Chain 1)

UBS AG

8.464563

 

8.464563%

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

 

12. Date of Completion

17-Mar-2025

13. Place Of Completion

Zurich, Switzerland

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0033875286

Issuer Name

ABRDN PROPERTY INCOME TRUST LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights; Other

Comments

UBS trading book holdings in Abrdn Property Income Trust Ltd fell below 5% and are therefore exempt from reporting.

3. Details of person subject to the notification obligation

Name

UBS Group AG - Investment Bank & Global Wealth Management

City of registered office (if applicable)

London

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

14-Mar-2025

6. Date on which Issuer notified

18-Mar-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

0.000000

0.000000

0.000000

0

Position of previous notification (if applicable)

8.464563

0.000000

8.464563

 

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)

GB0033875286

 

0

 

0.000000

Sub Total 8.A

0

0.000000%

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

UBS Group AG (Chain 1)

 

 

 

 

UBS Group AG (Chain 1)

UBS AG

 

 

 

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

 

12. Date of Completion

18-Mar-2025

13. Place Of Completion

Zurich, Switzerland

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0033875286

Issuer Name

ABRDN PROPERTY INCOME TRUST LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights; Other

Comments

UBS trading book holdings in Abrdn Property Income Trust Ltd fell below 5% and are therefore exempt from reporting.

3. Details of person subject to the notification obligation

Name

UBS Group AG - Investment Bank & Global Wealth Management

City of registered office (if applicable)

London

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

27-Feb-2025

6. Date on which Issuer notified

03-Mar-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

0.000000

0.000000

0.000000

0

Position of previous notification (if applicable)

8.050266

0.000000

8.050266

 

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)

GB0033875286

 

0

 

0.000000

Sub Total 8.A

0

0.000000%

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

UBS Group AG (Chain 1)

 

 

 

 

UBS Group AG (Chain 1)

UBS AG

 

 

 

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

 

12. Date of Completion

03-Mar-2025

13. Place Of Completion

Zurich, Switzerland

abrdn Property Income Trust Limited

(an authorised closed-ended investment company incorporated in Guernsey with registration number 41352)

 

LEI Number: 549300HHFBWZRKC7RW84

(The “Company”)

 

 

28 JANUARY 2025

 

NEW DIRECTORSHIP DECLARATION

In accordance with Listing Rule UKLR 6.4.9R, the Company has been informed that Michael Balfour, a Director of the Company will be joining the Board of Smithson Investment Trust plc, as Chair, on 28 January 2025.  

 

 

All Enquiries:

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

PO Box 255

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

 

Tel:  01481 745471

Fax: 01481 745186

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

 

 

FOR IMMEDIATE RELEASE

 

17 December 2024

 

 

abrdn Property Income Trust Limited

 

(a non-cellular company limited by shares incorporated in Guernsey with registration number 41352)

 

LEI Number: 549300HHFBWZRKC7RW84

Results of General Meeting held on 17 December 2024, Interim Distribution to Shareholders and Board Changes

On 3 December 2024, abrdn Property Income Trust Limited ("API" or the "Company") announced that a circular ("Circular") to convene a general meeting of API Shareholders (the "General Meeting") had been published and sent to Shareholders to allow them to consider and, if thought fit, approve amendments to API's Articles of Incorporation (the "Articles") to return capital to Shareholders and put in place a mechanism to implement a future voluntary winding up of the Company. 

API announces the result of the General Meeting of the Company held today. Shareholders who together represented a majority of the API Shares voted at the General Meeting voted to approve the special resolution to amend API's Articles. Consequently, the Board will proceed with a return of capital to Shareholders and, at the appropriate time after giving notice to Shareholders, implement a future voluntary winding-up of the Company.

 

Voting results of the General Meeting

The table below sets out the results of the vote at the General Meeting:

 

Number of API Shares voted ***

% of API Shares voted*

For

 

125,067,774

99.54

Against

583,550

0.46

Withheld**

219,230

-

Total

125,870,554

100

 

* All percentages rounded to two decimal places

** A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes `For' or `Against' the ordinary resolution.

*** Includes discretionary votes.

Capitalised terms in this announcement, unless otherwise defined, have the same meanings as set out in the Circular.

Return of Capital and Interim PID

The Company confirms that it will proceed with the initial issue of Redeemable Bonus Shares as set out in the Circular and on the expected timetable set out below. Each Shareholder on the register at the Record Time will be issued with one Redeemable Bonus Share for each API Share they hold, which will then immediately redeemed for 52 pence per Redeemable Bonus Share (returning aggregate proceeds of £198.23 million to Shareholders).

The Company has also declared a separate PID income distribution of 3 pence per API Share (gross of any tax adjustments; an aggregate £11.44 million) (the "Interim PID") expected to be paid as set out below.

The expected timetable of events is as follows: 

Ex-dividend date for first issue of Redeemable Bonus Shares

17 December 2024

Record time for entitlement to first issue of Redeemable Bonus Shares ("Record Time")

6.00 p.m. on 18 December 2024

 

Redeemable Bonus Shares issued equal to the number of API Shares held at the Record Time

19 December 2024

Expected redemption and cancellation of Redeemable Bonus Shares

19 December 2024

 

Ex-dividend date for Interim PID

Record time for entitlement to Interim PID

19 December 2024

 

6.00 p.m. on 20 December 2024

Despatch of payments and CREST accounts credited in respect of proceeds of Redeemable Bonus Shares redeemed on 19 December 2024

By 24 December 2024

Despatch of payments and CREST accounts credited in respect of Interim PID

By 10 January 2025

Board Changes

The Company also confirms that, as previously indicated, James Clifton-Brown, Jill May and Sarah Slater will stand down from the Board on 31 December 2024. The Board thanks each of them for their significant contributions and for their considerable time and attention given to the Company.  

Effective from 1 January 2025, Michael Balfour will be appointed Chairman of the Company. Michael Bane will assume the role of Senior Independent Director and will become Chair of the Company's Audit Committee. The Board is assessing the role of the various Board committees in light of the Company's position and its progression towards Voluntary Winding-Up. 

Voluntary Winding-Up

At an appropriate time, the Board will place the Company into Voluntary Winding-Up. Timing of this step will depend on a number of factors which are set out in the Circular.

The Company will give appropriate notice prior to entering into Voluntary Winding-Up and provide an outline timetable via a Regulatory Information Service. Trading in API Shares will be suspended when the Company enters into Voluntary Winding-Up and Shareholders will be unable to sell or transfer their API Shares from that time.

Enquiries

abrdn Property Income Trust   

James Clifton-Brown (Chair)     via Winterflood

Jason Baggaley (Fund Manager)    +44 7801 039 463

Winterflood (Corporate Broker to API)

Neil Langford       +44 20 3100 0160 

 

Important notices

Winterflood Securities Limited ("Winterflood"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for API and no-one else in connection with the matters set out in this document and will not be responsible to anyone other than API for providing the protections afforded to customers of Winterflood or for providing advice in relation to the matters set out in this document. Neither Winterflood nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Winterflood in connection with this document, any statement contained herein or otherwise.

 

abrdn Property Income Trust Limited - Return of Capital to Shareholders - Redemption of Redeemable Bonus Shares

LONDON, United Kingdom, December 10

 

To:             Company Announcements

 

Date:         10 December 2024

 

Company:  abrdn Property Income Trust Limited

 

Subject:     Return of Capital - Redemption of Redeemable Bonus Shares

 

Subject to approval by API Shareholders on 17 December 2024, the directors of abrdn Property Income Trust Limited (the "Company") have announced their intention to make an initial return of the proceeds of sale of the Company's property portfolio by way of an initial issue and redemption of Redeemable Bonus Shares. One Redeemable Bonus Share will be issued for every Company ordinary share in issue and is proposed to be repurchased for

52 pence per Redeemable Bonus Share (the "Return of Capital").

 

The timetable for the Return of Capital is as follows:

 

Ex-Dividend Date -  17 December 2024

 

Record Time -    6.00 p.m. on 18 December 2024

 

Expected redemption and cancellation of Redeemable Bonus Shares - 19 December 2024

 

Payment Date -  By 24 December 2024

 

Redemption price per Redeemable Bonus Share - 52.0p

 

 

Interim PID Dividend

 

The Return of Capital is in addition to the previously declared interim Property Income Dividend ("PID") of 3.0p per ordinary share (gross of any tax adjustments).

As previously announced, the timetable for the Interim PID is as follows:

Ex-Dividend Date -    19 December 2024

 

Record Time -            6.00 p.m. on 20 December 2024

 

Payment Date -         By 10 January 2025

 

Dividend per ordinary share - 3.0p

 

 

 

All Enquiries:

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

PO Box 255

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

 

Tel:  01481 745436

Fax: 01481 745186

 

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0033875286

Issuer Name

ABRDN PROPERTY INCOME TRUST LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Brookdale International Partners, L.P. and Brookdale Global Opportunity Fund

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

Name

City of registered office

Country of registered office

Weiss Asset Management LP

Wilmington, Delaware

USA

4. Details of the shareholder

Name

City of registered office

Country of registered office

Brookdale Global Opportunity Fund

Grand Cayman

Cayman Islands

Brookdale International Partners, L.P.

Albany, NY

USA

5. Date on which the threshold was crossed or reached

25-Nov-2024

6. Date on which Issuer notified

29-Nov-2024

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

0.000000

5.380000

5.380000

20541022

Position of previous notification (if applicable)

 

 

 

 

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)

 

 

 

 

 

Sub Total 8.A

 

 

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

CFD

N/A

N/A

Cash

20541022

5.380000

Sub Total 8.B2

 

20541022

5.380000%

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

Weiss Asset Management LP

Brookdale International Partners, L.P.

 

2.420000

2.420000%

Weiss Asset Management LP

Brookdale Global Opportunity Fund

 

2.960000

2.960000%

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

Weiss Asset Management LP is the Investment Manager to Brookdale Global Opportunity Fund and Brookdale International Partners, L.P.

12. Date of Completion

29-Nov-2024

13. Place Of Completion

Boston, USA