Verona Pharma PLC Holding(s) in Company (8462T)

TIDMVRP

RNS Number : 8462T

Verona Pharma PLC

11 January 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)

 
 
 1. Identity of the issuer or                                   Verona Pharma 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                               X 
----------------------------------------------------------------  ------------------ 
 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)                                    Novo A/S 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------- 
 5. Date of the transaction                                   30 December 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------- 
 6. Date on which issuer                                      10 January 2017 
  notified: 
-----------------------------------------------------------  ----------------------- 
 7. Threshold(s) that is/are                                  Above 12% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ----------------------- 
 
 
 
 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            Direct        Indirect     Direct     Indirect 
                                                                                 (xi)         (xii) 
-------------      ---------  -----------      ------------  ----------------  ------------  -----------  ---------  --------- 
 Ordinary 
 Shares 
 (0.1p) 
 
 GB00B06GSH43   221,203,271                 221,203,271       323,203,271       323,203,271                12.59% 
               --------------------------  ----------------  ----------------  ------------  -----------  ---------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of            Expiration                Exercise/           Number of voting                           % of voting 
 financial           date                      Conversion          rights that                                rights 
 instrument          (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 
-------------------------------------------------------------  --------------------------------------------------------------- 
 323,203,271                                                    12.59% 
-------------------------------------------------------------  --------------------------------------------------------------- 
 
 
 
 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:                                               Heather Ludvigsen 
--------------------------------------------------------------  ------------------ 
 15. Contact telephone number:                                   [phone] 
--------------------------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 11, 2017 02:00 ET (07:00 GMT)