Instem plc Holding(s) in Company (7761D)

TIDMINS

RNS Number : 7761D

Instem plc

28 April 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                              Instem 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)                                             Lombard Odier Asset Management 
  subject to the                                                                     (Europe) Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                      Disclosure on behalf of accounts 
  (if different from 3.):(iv)                                              managed on a discretionary 
                                                                    basis by Lombard Odier Investment 
                                                                                      Managers group. 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                                                27/04/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                                   28/04/2017 
  notified: 
-----------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                                     above 23%, 24% & 25% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ---------------------------------------- 
 
 
 
 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) 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 GB00B3TQCK30   3,560,250         3,560,250                                    3,966,053                    25.14% 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
 3,966,053                                            25.14% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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:                                                   Kiran Bassi 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                  [phone] 
-------------------------------------------------------------  ----------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 28, 2017 12:12 ET (16:12 GMT)