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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Amphion Innovations Plc | LSE:AMP | London | Ordinary Share | GB00B0DJNP99 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.15 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMTFB TIDMAMP
RNS Number : 2342P
Motif Bio PLC
30 August 2017
30 August 2017
Motif Bio plc
("Motif" or the "Company")
Motif Bio plc (AIM: MTFB), the clinical stage biopharmaceutical company specialising in developing novel antibiotics, announces that it was informed on 29 August 2017 by Amphion Innovations plc ("Amphion") that 1,700,000 ordinary shares in the Company had been sold in respect of a partial repayment of a loan facility. Following this sale, Amphion holds 41,540,645 ordinary shares of Motif Bio, representing 15.8% of the issued share capital. Further details of Amphion's loan facility, which is secured by a pledge over Amphion's interest in a total of 40,761,625 ordinary shares in Motif Bio, may be found in an RNS announcement released by Amphion today. The TR-1 disclosure is set out below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) ---------------------------------------------------------------------------------------- 1. Identity of the issuer or Motif Bio 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) subject to the Amphion Innovations plc notification obligation: (iii) ----------------------------------------------------------- --------------------------- 4. Full name of shareholder(s) (if different from 3.):(iv) ----------------------------------------------------------- --------------------------- 5. Date of the transaction August 25 2017 and date on which the threshold is crossed or reached: (v) ----------------------------------------------------------- --------------------------- 6. Date on which issuer August 29 2017 notified: ----------------------------------------------------------- --------------------------- 7. Threshold(s) that is/are crossed or reached: (vi, vii) 16% ----------------------------------------------------------- --------------------------- 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) -------------- ----------- ----------- ------------- ------------- ---------- --------------- ----------- GB00BVVT4H71 43,240,645 43,240,645 15.8% --------------- --------------- ---------- --------------- ----------- 41,540,645 41,540,645 -------------- ----------- ----------- ------------- ------------- ---------- ----------- --------- 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) ---------------- ------------- ------------- --------------- --------------------------- -------------------------- Total (A+B+C) ------------------------------------------------------------------------------------------------------------------------ Number of voting rights Percentage of voting rights -------------------------------------------------- -------------------------------------------------------------------- 41,540,645 15.8% -------------------------------------------------- -------------------------------------------------------------------- 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: Charlie Morgan ------------------------------------------------------------- ------------------ 15. Contact telephone number: +1 (212) 210 6224 ------------------------------------------------------------- ------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
August 30, 2017 02:00 ET (06:00 GMT)
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