Ilika plc Holding(s) in Company (6024W)

TIDMIKA TIDMIPO

RNS Number : 6024W

Ilika plc

10 February 2017

 
 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 
------------------------------------------------------------------------------------------------------------------ 
 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                                                Acquisition of Parkwalk Advisors by IP Group plc       X 
  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                                               1 February 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-------------------------------------------------------------  ------------------------------------------------------- 
 6. Date on which issuer notified:                                                 9 February 2017 
-------------------------------------------------------------  ------------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or                                                                          Direct interests: unchanged 
  reached: (vi, vii)                                                         Indirect interests: 8% reached 
                                                                        Combined direct and indirect interests: 
                                                                                      14% 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        6,358,779                   6,358,779         11,650,189       4,986,519     6,663,670       6.36%      8.50% 
               --------------------------  ----------------  ---------------  ------------  --------------  ---------  --------- 
 GB00B608Z994 
-------------      ---------  -----------      ------------      -----------    ----------      ----------    -------  --------- 
 
 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 
-------------------------------------------------------------  ----------------------------------------------------------------- 
 
   11,650,189                                                   14.86% 
-------------------------------------------------------------  ----------------------------------------------------------------- 
 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 - 1,629,523 
   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 - 1,372,260 
   Share Nominees Limited: 5,291,410 
 
   IP Venture Fund is a limited partnership fund that is managed by Top 
   Technology Ventures Limited, a 100% subsidiary of IP Group plc. 
 
   Share Nominees Limited is the legal nominee for shares owned by investors 
   in certain Parkwalk Advisors Limited ("Parkwalk") EIS funds. Parkwalk 
   has the discretion to instruct Share Nominees Limited to exercise the 
   voting and other rights attaching to such shares. Parkwalk is a 100%-owned 
   subsidiary of IP Group plc following its acquisition on 1 February 2017. 
 
 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 the acquisition 

                                                                 of Parkwalk Advisors Limited by IP 
                                                                 Group plc. 
 
                                                                 Based on 78,402,710 Ordinary Shares 
                                                                 in issue 
-------------------------------------------------------------  ----------------------------------------------------------------- 
 14. Contact name:                                                                         Greg Smith 
-------------------------------------------------------------  ----------------------------------------------------------------- 
 15. Contact telephone number:                                                           020 7444 0050 
-------------------------------------------------------------  ----------------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 10, 2017 04:18 ET (09:18 GMT)