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
UK
2. Reason
for
Notification
An acquisition or disposal of voting
rights
3. Details
of person subject to the notification
obligation
Name
Mattioli Woods
PLC
City of registered office (if
applicable)
Leicester
Country of registered office (if
applicable)
United
Kingdom
4. Details
of the
shareholder
|
Name |
City of
registered
office |
Country of
registered
office |
|
Discretionary Client Portfolios held
under FNZ Nominees Limited |
|
|
|
Mattioli Woods MWFunds held under Citi
Bank |
Leicester |
United
Kingdom |
|
Discretionary Client Portfolios held
under Pershing Nominees Limited |
|
|
5. Date on
which the threshold was crossed or
reached
02-Apr-2024
6. Date on
which Issuer
notified
03-Apr-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 |
4.918980 |
0.000000 |
4.918980 |
18752085 |
|
Position of previous notification (if
applicable) |
5.488726 |
0.000000 |
5.488726 |
|
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 |
18752085 |
|
4.918980 |
|
|
Sub Total
8.A |
18752085 |
4.918980% |
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 |
|
Discretionary clients of Mattioli
Woods PLC (chain 1) |
Pershing Nominees
Limited |
0.740500 |
|
0.740500% |
|
Discretionary clients of Mattioli
Woods PLC (chain 1) |
FNZ Nominees
Limited |
0.047400 |
|
0.047400% |
|
Mattioli Woods multi-asset funds
(chain 2) |
Citibank |
4.131100 |
|
4.131100% |
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
The shares referred to in section 9
are held in portfolios managed by Mattioli Woods plc on a
discretionary basis for clients under investment management
agreements. This disclosure has been calculated based on issue
share capital amount 381,218,977.00
12. Date of
Completion
03-Apr-2024
13. Place Of
Completion
Newmarket