Tissue Regenix Group PLC Holding(s) in Company (8935N)

TIDMTRX TIDMIPO

RNS Number : 8935N

Tissue Regenix Group PLC

21 May 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)

 
 
 1. Identity of the issuer or                                       Tissue Regenix Group 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                                               19 May 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                                  20 May 2015 
  notified: 
-----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or                                                       Direct interests: unchanged 
  reached: (vi, vii)                                                Indirect interests: Below 
                                                                               3% 
                                                                  Combined direct and indirect 
                                                                     interests: 14% 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 
  0.5p Shares 
                                                                                                                      --------- 
 GB00B5SGVL29   127,837,566                 127,837,566       110,837,566     103,042,836     7,794,730     13.56%     1.03% 
-------------  --------------------------  ----------------  --------------  --------------  ------------  ---------  --------- 
 
 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 
-------------------------------------------------------------  ---------------------------------------------------------------- 
 
   110,837,566                                                  14.59% 
-------------------------------------------------------------  ---------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------------------------------- 
 
   Direct interests: 
 
   Techtran Group Limited - 103,042,836 
 
   Techtran Group Limited is a 100% owned subsidiary of 
   IP Group plc. 
 
   Indirect interests: 
 
   IP Venture Fund - 7,794,730 
 
   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:                                                       This notification relates 
                                                                                 to reductions in the holdings 
                                                                                  in the issuer by IP Venture 
                                                                                Fund. IP Group's direct holdings 
                                                                                         are unchanged. 
 
                                                                                 Based on 759,653,093 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

HOLUASWRVNAVURR