Genedrive PLC Holdings in Company (1657W)

TIDMGDR TIDMPRU

RNS Number : 1657W

Genedrive PLC

06 February 2017

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                            Genedrive plc 
  the underlying 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 
------------------------------------------------------------  ----------------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ----------------------------------- 
 3. Full name of person(s)                                     Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                            Prudential plc 
                                                                The Prudential Assurance Company 
                                                                             Limited 
                                                                   Prudential Pensions Limited 
                                                                        M&G Group Limited 
                                                                           M&G Limited 
                                                                    M&G Investment Management 
                                                                             Limited 
-----------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                            03 February 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                               06 February 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                          6% 
-----------------------------------------------------------  ------------------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the 
  of             to the triggering                   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          Direct     Indirect       Direct        Indirect 
                                                                    (xi)        (xii) 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 ORD GBP0.015        Below             Below 
 GB00B1VKB244          5%                5%           1,248,490        0        1,248,490          0          6.68% 
-------------  ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                         Number of voting            % of voting 
 financial           date            Conversion                        rights that                 rights 
 instrument          (xiii)          Period (xiv)                      may 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 
 financial         price          date            Conversion         rights instrument           rights (xix, 
 instrument                       (xvii)          period             refers to                   xx) 
                                                  (xviii) 
---------------  --------------  --------------  ----------------  --------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  --------------  --------------  ----------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 1,248,490                                            6.68% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) - 1,248,490 (6.68%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 1,248,490 (6.68%) 
   Prudential Pensions Limited (wholly owned subsidiary 
   The Prudential Assurance Company Limited) - 1,248,490 
   (6.68%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 1,248,490 (6.68%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 1,248,490 (6.68%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 1,248,490 (6.68%) 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                          N/A 
--------------------------------------------------------  ------------------------------ 
 11. Number of voting rights proxy                                      N/A 
  holder will cease to hold: 
--------------------------------------------------------  ------------------------------ 
 12. Date on which proxy holder will                                    N/A 
  cease to hold voting rights: 
--------------------------------------------------------  ------------------------------ 
 
 
  13. Additional information: 
--------------------------------------------------------  ------------------------------ 
 14. Contact name:                                         John Baker / Owen Smith / 
                                                            James Todd 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  ------------------------------ 

                                                           020 7548 2561 / 020 7004 4517 
 15. Contact telephone number:                              / 020 7548 2293 
--------------------------------------------------------  ------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 06, 2017 12:53 ET (17:53 GMT)