abrdn Latin American Income Fund Ld Holding(s) in Company (7068A)

TIDMALAI

RNS Number : 7068A

abrdn Latin American Income Fund Ld

25 May 2023

ABRDN LATIN AMERICAN INCOME FUND LIMITED

Legal Entity Identifier (LEI): 549300DN623WEGE2MY04

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

JE00B44ZTP62

Issuer Name

abrdn Latin American 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

City of London Investment Management Company Limited

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

23-May-2023

6. Date on which Issuer notified

25-May-2023

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

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                19.920000               0.000000                19.920000               11379170 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            20.110000               0.000000                20.110000 
                        ======================  ======================  ======================  ====================== 
 

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    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
JE00B44ZTP62               0                       11379170                0.000000                19.920000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              11379170                                        19.920000% 
                        ==============================================  ============================================== 
 

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

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

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

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           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    Name of controlled       % of voting rights if   % of voting rights     Total of both if it 
person                  undertaking              it equals or is higher  through financial      equals or is higher 
                                                 than the notifiable     instruments if it      than the notifiable 
                                                 threshold               equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
   City of London Investment Management Company 
    Limited is a wholly owned subsidiary of 
    City 
    of London Investment Group plc and is the 
    only entity subject to the notification 
    obligations                                     19.920000                                      19.920000% 
                                                 ======================  =====================  ====================== 
 

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

25-May-2023

13. Place Of Completion

United Kingdom

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May 25, 2023 10:55 ET (14:55 GMT)