31 October 2023
abrdn Private Equity Opportunities Trust plc
Legal Entity Identifier (LEI): 2138004MK7VPTZ99EV13
The Board of abrdn Private Equity Opportunities Trust plc ("the Company") has received notification from Phoenix Group Holdings plc ("Phoenix Group") that the shares in the Company held by Standard Life Assurance Limited ("SLAL") and Phoenix Life Assurance Limited ("PLAL") have been transferred intra-group to Phoenix Life Limited ("PLL"). Phoenix Group holds, through its subsidiaries, 53.72 per cent. of the Company's shares.
This transfer is part of the wider intra-group transfer by the Phoenix Group of the insurance businesses of SLAL and PLAL to PLL which has been effected pursuant to an insurance business transfer scheme under Part VII of the Financial Services and Markets Act 2000 ("the Scheme"). The Scheme became operative at 23:59 on Friday, 27 October 2023 but with effect from 23:59 on Saturday, 30 September 2023.
For further information please contact:
Paul Evitt
Company Secretary
abrdn Holdings Limited
0131 372 2200
Alan Gauld
Investment Manager
abrdn Capital Partners LLP
0131 528 4424