Holding(s) in Company

 

TIDMGWP 
 
RNS Number : 7995S 
GW Pharmaceuticals PLC 
16 September 2010 
 
 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                    | 
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| 1. Identity of the issuer or the underlying issuer     |    GW Pharmaceuticals     | 
| of existing shares to which voting rights are          |                           | 
| attached: ii                                           |                           | 
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| 2 Reason for the notification (please tick the appropriate box or boxes):          | 
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| An acquisition or disposal of voting rights                                  |  X  | 
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| An acquisition or disposal of qualifying financial instruments which may     |     | 
| result in the acquisition of shares already issued to which voting rights    |     | 
| are attached                                                                 |     | 
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| An acquisition or disposal of instruments with similar economic effect to    |     | 
| qualifying financial instruments                                             |     | 
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| An event changing the breakdown of voting rights                             |     | 
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| Other      |                                                                 |     | 
| (please    |                                                                 |     | 
| specify):  |                                                                 |     | 
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| 3. Full name of person(s)        |                                                 | 
| subject to the                   |             M&G Investment Funds 3              | 
| notification obligation: iii     |                                                 | 
+----------------------------------+-------------------------------------------------+ 
| 4. Full name of shareholder(s)   |                                                 | 
|  (if different from 3.):iv       |                                                 | 
|                                  |         Nortrust Nominee Ltd A/C MKK01          | 
|                                  |                                                 | 
|                                  |                                                 | 
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| 5. Date of the transaction and   |                14 September 2010                | 
| date on                          |                                                 | 
| which the threshold is crossed   |                                                 | 
| or                               |                                                 | 
| reached: v                       |                                                 | 
+----------------------------------+-------------------------------------------------+ 
| 6. Date on which issuer          |                15 September 2010                | 
| notified:                        |                                                 | 
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| 7. Threshold(s) that is/are      |                    10%-11%                      | 
| crossed or                       |                                                 | 
| reached: vi, vii                 |                                                 | 
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|            | | | |     | 
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+--------------+----------+----+------+-------+----+----+----------+----+-------+----+----------+-----+---------+----+-----+-------+ 
| 8. Notified details:                                                                                                             | 
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| A: Voting rights attached to shares viii, ix                                                                                     | 
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| 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             | % of  voting rights x            | 
|              | of                   | of              | of            | voting                |                                  | 
|              | Shares               | Voting          | shares        | rights                |                                  | 
|              |                      | Rights          |               |                       |                                  | 
+              +                      +                 +---------------+-----------------------+----------------------------------+ 
|              |                      |                 | Direct        | Direct     | Indirect | Direct             | Indirect    | 
|              |                      |                 |               | xi         | xii      |                    |             | 
+--------------+----------------------+-----------------+---------------+------------+----------+--------------------+-------------+ 
|GB0030544687  |      14,005,611      |   14,005,611    |  14,310,611   |14,310,611  |    0     |      11.02%        |             | 
+--------------+----------------------+-----------------+---------------+------------+----------+--------------------+-------------+ 
|              |                      |                 |               |            |          |                    |             | 
+--------------+----------------------+-----------------+---------------+------------+----------+--------------------+-------------+ 
|                                                                                                                                  | 
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| B: Qualifying Financial Instruments                                                                                              | 
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| Resulting situation after the triggering transaction                                                                             | 
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| Type of financial            | Expiration   | Exercise/                       | Number of voting              | % of voting      | 
| instrument                   | date xiii    | Conversion Period xiv           | rights that may be            | rights           | 
|                              |              |                                 | acquired if the               |                  | 
|                              |              |                                 | instrument is                 |                  | 
|                              |              |                                 | exercised/                    |                  | 
|                              |              |                                 | converted.                    |                  | 
+------------------------------+--------------+---------------------------------+-------------------------------+------------------+ 
|                              |              |                                 |                               |                  | 
+------------------------------+--------------+---------------------------------+-------------------------------+------------------+ 
|                                                                                                                                  | 
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments                                        | 
| xv, xvi                                                                                                                          | 
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| Resulting situation after the triggering transaction                                                                             | 
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| Type of                 | Exercise  | Expiration | Exercise/          | Number of voting            | % of voting                | 
| financial               | price     | date xvii  | Conversion         | rights instrument           | rights xix, xx             | 
| instrument              |           |            | period xviii       | refers to                   |                            | 
|                         |           |            |                    |                             |                            | 
+-------------------------+-----------+------------+--------------------+-----------------------------+----------------------------+ 
|                         |           |            |                    |                             | Nominal            | Delta | 
|                         |           |            |                    |                             |                    |       | 
+                         +           +            +                    +                             +--------------------+-------+ 
|                         |           |            |                    |                             |                    |       | 
+-------------------------+-----------+------------+--------------------+-----------------------------+--------------------+-------+ 
|                                                                                                                                  | 
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| Total (A+B+C)                                                                                                                    | 
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| Number of voting rights                                          | Percentage of voting rights                                   | 
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| 14,310,611                                                       | 11.02%                                                        | 
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|              |          |    |      |       |    |    |          |    |       |    |          |     |         |    |     |       | 
+--------------+----------+----+------+-------+----+----+----------+----+-------+----+----------+-----+---------+----+-----+-------+ 
 
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| 9. Chain of controlled undertakings through which the voting rights and/or the   | 
| financial instruments are effectively held, if applicable: xxi                   | 
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|                                                                                  | 
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|                                                                                  | 
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| Proxy Voting:                                                                    | 
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| 10. Name of the proxy holder:                              |        N/A          | 
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| 11. Number of voting rights proxy holder will cease        |        N/A          | 
| to hold:                                                   |                     | 
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| 12. Date on which proxy holder will cease to hold          |        N/A          | 
| voting rights:                                             |                     | 
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|                                                                                  | 
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| 13. Additional             | With reference to item 3, M&G Investments Funds 3   | 
| information:               | is an Open Ended Investment Company (OEIC) and is   | 
|                            | not a Prudential group company and must be          | 
|                            | separately disclosed.                               | 
|                            | This OEIC Fund is managed by M&G Investment         | 
|                            | Management Limited (a wholly owned subsidiary of    | 
|                            | Prudential plc) and will have been previously       | 
|                            | attributed to Prudential plc solely on the basis    | 
|                            | that M&G Investment Management Ltd has direct fund  | 
|                            | management control over the shares identified in    | 
|                            | this notification.                                  | 
|                            |                                                     | 
|                            | Therefore the 11.02% holding being disclosed in     | 
|                            | this notification is encompassed in the 12.18%      | 
|                            | already disclosed under The Prudential plc group of | 
|                            | companies and is NOT in addition to it.             | 
|                            |                                                     | 
+----------------------------+-----------------------------------------------------+ 
| 14. Contact name:          | Ryan Dowling / Mark Thomas                          | 
|                            | M&G Investment Management Limited                   | 
+----------------------------+-----------------------------------------------------+ 
| 15. Contact telephone      | 020 7548 2979 / 020 7548 3266                       | 
| number:                    |                                                     | 
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|                            | |                     | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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