Revolymer PLC Holding(s) in Company (2956E)

TIDMREVO TIDMIPO

RNS Number : 2956E

Revolymer PLC

15 July 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                              Revolymer 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)                                                IP Group plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s)                                           See section 9 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------------- 
 5. Date of the transaction                                               11 July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------------- 
 6. Date on which issuer                                                  14 July 2016 
  notified: 
-----------------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or                                                       Direct interests: 11% reached 
  reached: (vi, vii)                                              Indirect interests: 3% reached 
                                                                   Combined direct and indirect 
                                                                      interests: 15% reached 
-----------------------------------------------------------  -------------------------------------- 
 
 
 
 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 voting rights 
                 of                          of                of shares     of voting      (x) 
                 Shares                      Voting                          rights 
                                             Rights 
-------------  --------------------------  ----------------  -------------  ------------  ---------------------------------- 
                                                                             Direct        Indirect      Direct     Indirect 
                                                                              (xi)          (xii) 
-------------      ---------  -----------      ------------    -----------  ------------  ------------  ---------  --------- 
 Ordinary 
  1p Shares     8,392,123                   8,392,123                        9,132,273     2,773,350     11.60%     3.53% 
               --------------------------  ----------------                 ------------  ------------  ---------  --------- 
 GB00B84LVH87                                                 11,905,623 
-------------      ---------  -----------      ------------  -------------    ----------    ----------    -------  --------- 
 
 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 
-------------------------------------------------------------  ------------------------------------------------------------- 
 
   11,905,623                                                   15.14% 
-------------------------------------------------------------  ------------------------------------------------------------- 
 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 - 9,125,730 
   Top Technology Ventures Limited - 6,543 
 
   IP2IPO Limited and Top Technology Ventures Limited are 
   100%-owned subsidiaries of IP Group plc. 
 
   Indirect interests: 
 
   IP Venture Fund - 2,773,350 
 
   IP Venture Fund is a limited partnership fund that is 
   managed by Top Technology Ventures Limited, a 100%-owned 
   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 78,657,948 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

END

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July 15, 2016 03:04 ET (07:04 GMT)