TR-1: Standard form for notification
of major holdings
1. Issuer Details
ISIN
GG00B90J5Z95
Issuer Name
TWENTYFOUR INCOME FUND 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
Aggregate of Standard Life Aberdeen 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
Is the shareholder the same as the
person subject to the notification obligation, above?
Yes
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
21-Apr-2021
6. Date on which Issuer notified
22-Apr-2021
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 |
5.103076 |
0.000000 |
5.103076 |
25,949,896 |
| Position of previous notification (if
applicable) |
5.44 |
0.000000 |
5.44 |
|
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) |
| GG00B90J5Z95 |
0 |
25,949,896 |
0.000000 |
5.103076 |
| Sub Total 8.A |
25,949,896 |
5.103076 |
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 |
|
Standard Life Aberdeen plc |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Asset Management PLC |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Asset Managers Limited |
|
|
|
|
|
|
|
|
|
Standard Life Aberdeen plc |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Asset Management PLC |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Asset Investment Group Limited |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Asset Investments Limited |
|
|
|
|
|
|
|
|
|
Standard Life Aberdeen plc |
|
|
|
| Standard Life Aberdeen plc |
Standard Life Investments (Holdings) Limited |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Standard Capital Limited |
|
|
|
|
|
|
|
|
|
Standard Life Aberdeen plc |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Asset Management PLC |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Standard Investments (Asia) Limited |
|
|
|
|
|
|
|
|
|
Standard Life Aberdeen plc |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Asset Management PLC |
|
|
|
| Standard Life Aberdeen plc |
Aberdeen Standard Investments Taiwan Limited |
|
|
|
10. In case of proxy voting
Is there proxy voting?
No
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 is to reflect the fact that the voting rights
effectively held indirectly by the underlying intermediate holding
company Aberdeen Asset Management PLC (“AAM PLC”) decreased below
the 5% notifiable threshold due to trading on 21 April 2021.
Prior to this crossing, AAM PLC effectively held 5.042114% of the
delegated voting rights of the shares in TwentyFour Income Fund
Limited.
12. Date of Completion
22-Apr-2021
13. Place Of Completion
Edinburgh, United Kingdom