Source BioScience PLC Holding(s) in Company (1827E)

TIDMSBS TIDMNAS

RNS Number : 1827E

Source BioScience PLC

02 November 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
 
 
 1. Identity of the issuer or the        SOURCE BIOSCIENCE PLC 
  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                         YES 
-----------------------------------------------------------------  ------ 
 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) subject 
  to the notification obligation:        Harwood Capital LLP (as investment 
  (iii)                                      adviser/manager) and North 
                                             Atlantic Smaller Companies 
                                                Investment Trust plc 
------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): (iv)               1. NORTH ATLANTIC SMALLER 
                                             COMPANIES INVESTMENT TRUST 
                                                        PLC 
 
                                            2. ORYX INTERNATIONAL GROWTH 
                                                    FUND LIMITED 
------------------------------------  ------------------------------------- 
 5. Date of the transaction and date             29 OCTOBER 2015 
  on which the threshold is crossed 
  or reached: (v) 
------------------------------------  ------------------------------------- 
 6. Date on which issuer notified:               30 OCTOBER 2015 
------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                         Total Holding through 15% 
------------------------------------  ------------------------------------- 
 
 
 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 rights 
                  of             of             of shares      rights                    (x) 
                  Shares         Voting 
                                 Rights 
--------------  -------------  -------------  -------------  ------------------------  --------------------- 
                                               Direct         Direct         Indirect   Direct      Indirect 
                                                               (xi)           (xii) 
--------------  -------------  -------------  -------------  -------------  ---------  ----------  --------- 
 
 
   HOLDER 1        1,500,000      1,500,000      2,750,000      2,750,000                 0.79% 
 
   HOLDER 2        50,000,000     50,000,000     50,000,000     50,000,000                14.32% 
--------------  -------------  -------------  -------------  -------------  ---------  ----------  --------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/       Number of voting         % of voting 
  instrument          date (xiii)    Conversion      rights that              rights 
                                     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 financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights (xix, 
                                 (xvii)       period        refers to            xx) 
                                              (xviii) 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 52,750,000                  15.11% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------- 
 
 
 
 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: 
-------------------------------  -------------- 
 14. Contact name:                Jane Muir 
-------------------------------  -------------- 
 15. Contact telephone number:    020 8819 6486 
-------------------------------  -------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 02, 2015 05:38 ET (10:38 GMT)