Retroscreen Virology Group PLC Notification of Major Interest in Shares (7303C)

TIDMRVG

RNS Number : 7303C

Retroscreen Virology Group PLC

20 March 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying            Retroscreen Virology Group plc 
  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                                     X 
--------------------------------------------------------------------------------  -------- 
 Other (please 
  specify): 
------------------  ------------------------------------------------------------  -------- 
 3. Full name of person(s) subject                           IP Group plc 
  to the 
  notification obligation: (iii) 
------------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s)                              See section 9 
  (if different from 3.):(iv) 
------------------------------------------  ---------------------------------------------- 
 5. Date of the transaction and date                         10 March 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ---------------------------------------------- 
 6. Date on which issuer notified:                           18 March 2014 
------------------------------------------  ---------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or                                             Combined direct and indirect interests: 
  reached: (vi, vii)                                           26% reached 
------------------------------------------  ---------------------------------------------- 
 
 
 
 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 rights 
                     of                of                  of shares      rights                     (x) 
                     Shares            Voting 
                                       Rights 
-----------  ----  ----------------  -----------------  --------------  -------------------------  ---------------------- 
                                                                         Direct        Indirect     Direct   Indirect 
                                                                          (xi)          (xii) 
-----------  ----  -----    -------  ------    -------  -----  -------  ------------  -----------  -------  ------------- 
 Ordinary 5p 
  Shares           13,848,420        13,848,420         14,455,540      10,315,407    4,140,133     18.85%   7.57% 
                   ----------------  -----------------  --------------  ------------  -----------  -------  ------------- 
 GB00B6ZM0X53 
-----------------  -----    -------  ------    -------  -----  -------    ----------  ---  ------  -------  ------------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial         Expiration         Exercise/                    Number of voting         % of voting 
  instrument                date (xiii)        Conversion Period            rights that              rights 
                                               (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 rights 
 financial     price          date (xvii)        Conversion      rights instrument           (xix, xx) 
 instrument                                      period          refers to 
                                                 (xviii) 
-----------  -------------  -----------------  --------------  --------------------------  ------------------------------ 
                                                                                            Nominal          Delta 
-----------  -------------  -----------------  --------------  --------------------------  ---------------  ------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------- 
 14,455,540                                                     26.42% 
-------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------- 
 
   Direct interests: 
 
   IP2IPO Limited - 10,315,407 
 
   IP2IPO Limited is a 100% owned subsidiary of IP Group plc. 
 
   Indirect interests: 
 
   IP Venture Fund - 4,140,133 
 
   IP Venture Fund is a limited partnership fund that is managed by Top 
   Technology Ventures Limited, a 100% subsidiary of IP Group plc. 
 
 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:                Based on 54,723,821 Ordinary Shares 
                                                          in issue 
----------------------------------------  --------------------------------------- 
 14. Contact name:                                       Greg Smith 
----------------------------------------  --------------------------------------- 
 15. Contact telephone number:                         020 7444 0050 
----------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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