Rex Bionics PLC Holdings in Company (2339G)

TIDMRXB

RNS Number : 2339G

Rex Bionics PLC

25 May 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                                       REX BIONICS 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                       ü 
-------------------------------------------------------  -------------------------- 
 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)                                             DHRUPA PATEL 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s)                           BRADSHAW ASSET MANAGEMENT 
  (if different from 3.):(iv) 
------------------------------------------------------  --------------------------- 
 5. Date of the transaction                                   23(rd) MAY, 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                           23(rd) MAY, 2017 
  notified: 
------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                             5% 
------------------------------------------------------  --------------------------- 
 
 
 
 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                   % of voting 
                 of                of               of shares      voting                      rights (x) 
                 Shares            Voting                          rights 
                                   Rights 
--------------  ---------------  ---------------  -------------  --------------------------  ------------------------- 
                                                   Direct         Direct        Indirect      Direct        Indirect 
                                                                   (xi)          (xii) 
--------------      -----------    -----------    -------------  ------------  ------------  ------------  ----------- 
 
 
  GB00BLRLQM66   0                0                1,420,887      1,420,887                   5.04% 
                ---------------  ---------------  -------------  ------------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/                       Number of voting              % of voting 
  instrument          date           Conversion                      rights that                   rights 
                      (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 
--------------------------------------------------  ------------------------------------------------------------------ 
 1,420,887                                           5.04% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------- 
 
   Mark Bradshaw controls 3,172,450 shares and 1,420,887 
   shares via Bradshaw Asset Management Limited directly. 
   Bradshaw Asset Management is also investment advisor 
   to Victory Special Opportunities Fund, a cell of Freedom 
   Global Funds PLC which owns 477,778 shares and 100,000 
   Warrants issued on 1(st) August 2016. 
 
 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:                                         DHRUPA PATEL 
-------------------------------------------------------  -------------- 
 15. Contact telephone number:                            0207 250 4350 
-------------------------------------------------------  -------------- 
 
 
 
 Note: Annex should only be submitted to the FCA not 
  the issuer 
 Annex: Notification of major interests in share 
 
 A: Identity of the persons or legal entity subject to 
  the notification obligation 
----------------------------------------------------------------- 
 Full name                              BRADSHAW ASSET MANAGEMENT 
  (including legal form of 
  legal entities) 
------------------------------------  --------------------------- 
 Contact address                        10-11 CHARTERHOUSE SQUARE 
  (registered office for legal                             LONDON 
  entities)                                              EC1M 6EE 
------------------------------------  --------------------------- 
 Phone number & email                               0207 250 4350 
                                                    [e-mail] 
------------------------------------  --------------------------- 
 Other useful information 
  (at least legal representative 
  for legal persons) 
------------------------------------  --------------------------- 
 
 B: Identity of the notifier, if applicable 
----------------------------------------------------------------- 
 Full name                                           DHRUPA PATEL 
------------------------------------  --------------------------- 
 Contact address                        10-11 CHARTERHOUSE SQUARE 

                                                           LONDON 
                                                         EC1M 6EE 
------------------------------------  --------------------------- 
 Phone number & email                               0207 250 4350 
                                                    [e-mail] 
------------------------------------  --------------------------- 
 Other useful information                      COMPLIANCE OFFICER 
  (e.g. functional relationship         BRADSHAW ASSET MANAGEMENT 
  with the person or legal 
  entity subject to the notification 
  obligation) 
------------------------------------  --------------------------- 
 
 C: Additional information 
----------------------------------------------------------------- 
 
 For notes on how to complete form TR-1 please see the 
  FCA website. 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 25, 2017 05:38 ET (09:38 GMT)