CHESNARA plc
("Chesnara" or "the Company")
LEI Number: 213800VFRMBRTSZ3SJ06
26 January 2022
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
24-Jan-2022
6. Date on which Issuer notified
25-Jan-2022
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 |
12.994765 |
0.000000 |
12.994765 |
19,511,068 |
|
Position of previous notification (if applicable) |
13.979641 |
0.000000 |
13.979641 |
|
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 |
|
19,511,068 |
|
12.994765 |
|
Sub Total 8.A |
19,511,068 |
12.994765 |
||
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)
|
|
|
|
|
|
|
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 |
5.625221 |
0.000000 |
5.625221 |
|
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|
|
|
|
|
abrdn plc |
|
|
|
|
|
abrdn plc |
Aberdeen Asset Management PLC |
|
|
|
|
abrdn plc |
Aberdeen Asset Investment Group Limited |
|
|
|
|
abrdn plc |
Aberdeen Asset Investments Limited |
|
|
|
|
|
|
|
|
|
|
abrdn plc |
|
|
|
|
|
abrdn plc |
abrdn Investments (Holdings) Limited |
|
|
|
|
abrdn plc |
Ignis Asset Management Limited |
|
|
|
|
abrdn plc |
Ignis Investment Services 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
25-Jan-2022
13. Place Of Completion
Aberdeen, 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
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).
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