Vernalis PLC Holding(s) in Company (2983O)

TIDMVER

RNS Number : 2983O

Vernalis PLC

03 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                    Vernalis 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 
------------------------------------------------------------  ------------------------------- 
 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                            x 
------------------------------------------------------------  ------------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ------------------------------- 
 3. Full name of person(s)                                     Woodford Investment Management 
  subject to the                                                               Ltd (Woodford) 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                                           Clients of Woodford 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                                        02/11/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                                           03/11/2016 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                      29% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 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) 
--------------      ------------------    ------------------  --------------------  --------------------  ----------  ------------  ----------- 
 
 
                                                                                                                          29.87 
  GB00B3Y5L754         150,849,929             150,849,929           157,226,138           157,226,138                      % 
                ----------------------  --------------------  --------------------  --------------------  ----------  ------------  ----------- 
 
 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 
--------------------------------------------------------------  ------------------------------------------------------------------------------- 
 
                             157,226,138                                                             29.87 % 
--------------------------------------------------------------  ------------------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------- 
 
   Woodford, as Investment Manager. 
 
 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:                                              Akpene Akonou 
-------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                   01865 809024 
-------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 03, 2016 12:36 ET (16:36 GMT)