Holding(s) in Company

 

TIDMMCGN TIDMASL TIDMAFHI 
 
RNS Number : 5080C 
Microgen PLC 
13 November 2009 
 

 
 
+--------------------------------------------+ 
|                                            | 
+--------------------------------------------+ 
|                                            | 
+--------------------------------------------+ 
 
 
Microgen plc (the "Company") 
 
Notifiable Interests 
 
The Company received the following notice on 12 November 2009 in compliance with 
the Disclosure and Transparency Rules from Aberforth Partners LLP: 
 
 
 
+----------------------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                         | 
+----------------------------------------------------------------------------------------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| 1. Identity of the issuer or the          | Microgen PLC                      | 
| underlying issuer of existing shares to   |                                   | 
| which voting rights are attached:         |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
+-------------------+---------------------------------------------------+--------+ 
| 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      | Aberforth Partners LLP            | 
| the notification obligation:              |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 4. Full name of shareholder(s) (if        | Shareholder                       | 
| different from 3.):                       | Shares                            | 
|                                           |                                   | 
|                                           | 1.  Aberforth Smaller             | 
|                                           | Companies Trust plc               | 
|                                           | 8,790,726                         | 
|                                           | 2.  Aberforth UK Small            | 
|                                           | Companies Fund                    | 
|                                           | 4,832,851                         | 
|                                           | 3.  The Church Commissioners      | 
|                                           | for England                       | 
|                                           | 1,954,500                         | 
|                                           | 4.  Aberforth Geared Capital      | 
|                                           | & Income Trust plc                | 
|                                           | 1,627,000                         | 
|                                           |                                   | 
|                                           | 1,2,4 = registered in the name of | 
|                                           | Nortrust Nominees Ltd A/c         | 
|                                           | Aberfrth, 3 = The Church          | 
|                                           | Commissioners for England (Chase  | 
|                                           | GIS) Nominees Ltd                 | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 5. Date of the transaction and date       | 10/11/2009                        | 
| on which the threshold is crossed         |                                   | 
| or reached:                               |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 6. Date on which issuer notified:         | 11/11/2009                        | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 7. Threshold(s) that is/are crossed       | 20%                               | 
| or reached:                               |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
+----------------+----------------+-------------+----------------+----------+-------------+----------+----------+ 
| 8. Notified details:                                                                                          | 
+---------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                                           | 
|                                                                                                               | 
+---------------------------------------------------------------------------------------------------------------+ 
| Class/type of  | Situation previous           | Resulting situation after the triggering transaction          | 
| shares         | to the triggering            |                                                               | 
| if possible    | transaction                  |                                                               | 
| using          |                              |                                                               | 
| the ISIN CODE  |                              |                                                               | 
+                +------------------------------+---------------------------------------------------------------+ 
|                | Number         | Number      | Number         | Number of voting       | % of voting rights  | 
|                | of             | of          | of             | rights                 |                     | 
|                | Shares         | Voting      | shares         |                        |                     | 
|                |                | Rights      |                |                        |                     | 
+                +                +             +----------------+------------------------+---------------------+ 
|                |                |             | Direct         | Direct   | Indirect    | Direct   | Indirect | 
+----------------+----------------+-------------+----------------+----------+-------------+----------+----------+ 
| Ordinary       | 17,740,977     | 17,740,977  | 17,205,077     | N/A      | 17,205,077  | N/A      | 19.80    | 
+----------------+                +             +                +          +             +          +          + 
| GB0005869531   |                |             |                |          |             |          |          | 
+----------------+----------------+-------------+----------------+----------+-------------+----------+----------+ 
 
 
+---------------------+------------+--------------------+---------------------+----------------+ 
| 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 may be  | rights         | 
|                     |            | Period             | acquired if the     |                | 
|                     |            |                    | instrument is       |                | 
|                     |            |                    | exercised/          |                | 
|                     |            |                    | converted.          |                | 
|                     |            |                    |                     |                | 
+---------------------+------------+--------------------+---------------------+----------------+ 
| N/A                 | N/A        | N/A                | N/A                 | N/A            | 
+---------------------+------------+--------------------+---------------------+----------------+ 
 
 
+---------------+----------+------------+------------+----------------+---------------+---------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial                 | 
| Instruments                                                                                   | 
+-----------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                          | 
|                                                                                               | 
+-----------------------------------------------------------------------------------------------+ 
| Type of       | Exercise | Expiration | Exercise/  | Number of      | % of voting             | 
| financial     |          |            | Conversion | voting         | rights                  | 
| instrument    | price    | date       |            | rights         |                         | 
|               |          |            | period     | instrument     |                         | 
|               |          |            |            | refers to      |                         | 
+---------------+----------+------------+------------+----------------+-------------------------+ 
|  N/A          | N/A      | N/A        | N/A        | N/A            |    Nominal    |  Delta  | 
|               |          |            |            |                |               |         | 
+               +          +            +            +                +---------------+---------+ 
|               |          |            |            |                | N/A           | N/A     | 
+---------------+----------+------------+------------+----------------+---------------+---------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| Total (A+B+C)                                                                 | 
|                                                                               | 
+-------------------------------------------------------------------------------+ 
| Number of voting rights                   | Percentage of voting rights       | 
+-------------------------------------------+-----------------------------------+ 
| 17,205,077                                | 19.80                             | 
+-------------------------------------------+-----------------------------------+ 
 
 
+----------------------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the         | 
| financial instruments are effectively held, if applicable:                             | 
+----------------------------------------------------------------------------------------+ 
| Held by Aberforth Partners LLP                                                         | 
+----------------------------------------------------------------------------------------+ 
 
 
In addition, Aberforth Partners LLP is interested in a further 2,629,200 shares 
although we do not have access to the voting rights of these shares.  Aberforth 
Partners LLP is, therefore, interested in a total of 19,834,277 shares of the 
above company.  This interest arises as a result of the discretionary investment 
management powers that we can exercise over the funds of our clients.  Aberforth 
Partners LLP is not the beneficial owner of these shares. 
 
+-------------------------------------------+-----------------------------------+ 
| Proxy Voting:                                                                 | 
|                                                                               | 
+-------------------------------------------------------------------------------+ 
| 10. Name of the proxy holder:             | N/A                               | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 11. Number of voting rights proxy holder  | N/A                               | 
| will cease to hold:                       |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 12. Date on which proxy holder will cease | N/A                               | 
| to hold voting rights:                    |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| 13. Additional information:               | N//A                              | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 14. Contact name:                         | Pauline Robson, Aberforth         | 
|                                           | Partners LLP                      | 
+-------------------------------------------+-----------------------------------+ 
| 15. Contact telephone number:             | 0131 220 0733                     | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLFFDFLDSUSEIF