Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0003452173

Issuer Name

FIRSTGROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An event changing the breakdown of voting

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

02-Dec-2021

6. Date on which Issuer notified

06-Dec-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	6.522081	0.115179	6.637260	49,558,060
Position of previous notification (if applicable)	N/A	N/A	N/A

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)
GB0003452173		48,698,060		6.522081
Sub Total 8.A	48,698,060		6.522081

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
Rights to recall lent shares			860,000	0.115179
Sub Total 8.B1			860,000	0.115179

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
abrdn plc
abrdn plc	abrdn Investments (Holdings) Limited
abrdn plc	Ignis Asset Management Limited
abrdn plc	Ignis Investment Services Limited	5.156881	0.000000	5.156881
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	abrdn Investment Management Limited
abrdn plc
abrdn plc	Aberdeen Asset Management PLC
abrdn plc	Aberdeen Asset Managers Limited
abrdn plc
abrdn plc	abrdn Investments (Holdings) Limited
abrdn plc	abrdn Capital 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.

This disclosure also reflects the fact that the voting rights effectively held indirectly by the underlying intermediate holding company’s abrdn Investments (Holdings) Limited (“aIHL”) and Ignis Asset Management Limited (IAML), and held by the underlying investment management entity Ignis Investment Services Limited (“IISL”), increased above the notifiable threshold due to a change in the breakdown of voting rights of FirstGroup plc on 2 December 2021.

aIHL now effectively holds the delegated voting rights to 5.734081%, IAML now effectively holds and IISL now holds the delegated voting rights to 5.156881% of the shares in FirstGroup plc.

12. Date of Completion

06-Dec-2021

13. Place Of Completion

Aberdeen, United Kingdom    

The information below is provided in accordance with the requirements of the Disclosure Guidance and Transparency Rules (“DGTR”) 6.2.2AR:

Legal Entity Identifier:  549300DEJZCPWA4HKM93

Classification as per DGTR 6 Annex 1R: 2.3

Enquiries:

Seema Kamboj, Deputy Company Secretary

Tel: [phone]