Ilika plc Holding(s) in Company (4515K)

TIDMIKA TIDMIPO

RNS Number : 4515K

Ilika plc

16 April 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                                 Ilika plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
------------------------------------------------------------------------  ---------------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
------------------------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                                       X 
----------------------------------------------------------------------------  ------------------------------------------ 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
----------------------------------------------------------------------------  ------------------------------------------ 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
----------------------------------------------------------------------------  ------------------------------------------ 
 An event changing the breakdown of voting rights                                                  X 
----------------------------------------------------------------------------  ------------------------------------------ 
 Other (please 
  specify): 
--------------------------------------------------------------------  ------  ------------------------------------------ 
 3. Full name of person(s) subject                                                        IP Group plc 
  to the 
  notification obligation: (iii) 
----------------------------------------------------------------------  ------------------------------------------------ 
 4. Full name of shareholder(s)                                                           See section 9 
  (if different from 3.):(iv) 
----------------------------------------------------------------------  ------------------------------------------------ 
 5. Date of the transaction and date                                                      15 April 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
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 6. Date on which issuer notified:                                                        16 April 2015 
----------------------------------------------------------------------  ------------------------------------------------ 
 7. Threshold(s) that is/are crossed 
  or                                                                                Direct interests: unchanged 
  reached: (vi, vii)                                                               Indirect interests: Below 3% 
                                                                              Combined direct and indirect interests: 
                                                                                            9% reached 
----------------------------------------------------------------------  ------------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                            Resulting situation after the triggering 
 of              to the triggering                             transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------------------  ------------------------------------------------------------------ 
                Number                      Number               Number       Number of voting              % of voting 
                 of                          of                 of shares      rights                        rights (x) 
                 Shares                      Voting 
                                             Rights 
-------------  --------------------------  ----------------  --------------  ----------------------------  -------------------- 
                                                                              Direct        Indirect        Direct     Indirect 
                                                                               (xi)          (xii) 
-------------      ---------  -----------      ------------      ----------  ------------  --------------  ---------  --------- 
 Ordinary 1p 
  Shares 
                                                                                                                      --------- 
 GB00B608Z994   7,958,779                   7,958,779         6,458,779       5,064,938     1,393,841       7.70%      2.12% 
-------------  --------------------------  ----------------  --------------  ------------  --------------  ---------  --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/           Number of voting              % of voting 
 financial           date (xiii)              Conversion Period    rights that may               rights 
 instrument                                   (xiv)                be 
                                                                   acquired if the 
                                                                   instrument is 
                                                                   exercised/ converted. 
-----------------  ------------------------  ------------------  ----------------------------  -------------------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise     Expiration       Exercise/       Number of voting              % of voting rights 
 financial        price         date (xvii)      Conversion      rights instrument             (xix, xx) 
 instrument                                      period          refers to 
                                                 (xviii) 
---------------  -----------  ---------------  --------------  ----------------------------  ---------------------------------- 
                                                                                              Nominal         Delta 
---------------  -----------  ---------------  --------------  ----------------------------  --------------  ------------------ 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------------- 
 
   6,458,779                                                    9.83% 
-------------------------------------------------------------  ---------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------------------------------------------------- 
 
   Direct interests: 
 
   IP2IPO Limited - 1,707,942 
   IP2IPO Management VIII Limited - 3,356,996 
 
   IP2IPO Management VIII Limited is a 100% owned subsidiary of IP2IPO Limited. 
   IP2IPO Limited is a 100% owned subsidiary of IP Group plc. 
 
   Indirect interests: 
 
   IP Venture Fund - 1,393,841 
 
   IP Venture Fund is a limited partnership fund that is managed by Top 
   Technology Ventures Limited, a 100% subsidiary of IP Group plc. 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-----------------------------------------------------------------------------  ------------------------------------------------ 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
-----------------------------------------------------------------------------  ------------------------------------------------ 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
-----------------------------------------------------------------------------  ------------------------------------------------ 
 
 13. Additional information:                                                This notification relates to reductions 
                                                                              in the holdings in the issuer by IP 
                                                                            Venture Fund. IP Group's direct holdings 
                                                                                         are unchanged. 
 
                                                                              Based on 65,736,416 Ordinary Shares 
                                                                                            in issue 
-------------------------------------------------------------  ---------------------------------------------------------------- 
 14. Contact name:                                                                        Greg Smith 
-------------------------------------------------------------  ---------------------------------------------------------------- 
 15. Contact telephone number:                                                           020 7444 0050 
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This information is provided by RNS

The company news service from the London Stock Exchange

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