London, Quilter PLC, a leading investment management company, has made a significant move in the market by disclosing a substantial stake in abrdn European Logistics Income PLC. According to the Form 8.3 disclosure made on 20 March 2024, Quilter PLC and its subsidiaries now hold a total of 25,084,150 shares, representing a 6.08% interest in the logistics and income-focused real estate investment trust.

The disclosure, a requirement under Rule 8.3 of the Takeover Code, details Quilter PLC's interests and short positions in the securities of abrdn European Logistics Income PLC. This move by Quilter PLC highlights its strategic investment decisions and its significant role in the financial markets.

In addition to the ownership disclosure, Quilter PLC reported sales of abrdn European Logistics Income PLC’s 1p ordinary shares on 19 March 2024, with 17,000 shares sold at a price of 0.611 per unit and another 10,000 shares at 0.61 per unit. These transactions reflect Quilter PLC's active management of its investment portfolio.

The Form 8.3 disclosure does not indicate any indemnity, option arrangement, or any agreement or understanding that could be an inducement to deal or refrain from dealing in the relevant securities. It also mentions that there are no attachments such as a Supplemental Form 8 (Open Positions) attached to the disclosure.

This public opening position and dealing disclosure by Quilter PLC underscores the company's transparency in its investment activities and compliance with regulatory requirements. Quilter PLC, with its headquarters in London continues to be a key player in the investment management industry, managing a wide range of assets for both individual and institutional clients.

Quilter PLC's significant stake in abrdn European Logistics Income PLC marks a noteworthy development in the investment landscape, showcasing the company's strategic investment choices and its impact on the market.