Medgenics Inc TR-1 Notification Of Major Interest In Shares (0101A)

TIDMMEDG TIDMMEDU

RNS Number : 0101A

Medgenics Inc

13 February 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
 1. Identity of the issuer or the underlying                        Medgenics Inc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
-----------------------------------------------------  --------------------------------------- 
 2. Reason for the notification (please tick the appropriate box or boxes): 
---------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                             Yes 
------------------------------------------------------------------------------------  -------- 
 
   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                     Legal & General Group Plc (Group) 
  to the 
  notification obligation:                           Legal & General Investment Management 
                                                                 Limited (LGIM) 
 
                                                        Legal & General Group Plc (L&G) 
----------------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s)                    Legal & General Assurance Society Limited 
  (if different from 3.):                                        (LGAS & LGPL) 
----------------------------------------------  ---------------------------------------------- 
                                                               06 February 2014 
   5. Date of the transaction and date 
   on 
   which the threshold is crossed or 
   reached: 
----------------------------------------------  ---------------------------------------------- 
 6. Date on which issuer notified:                             07 February 2014 
----------------------------------------------  ---------------------------------------------- 
 7. Threshold(s) that is/are crossed                           Group (Below 5%) 
  or 
  reached:                                                      LGIM (Below 5%) 
 
                                                              L&G (From 5% to 4%) 
----------------------------------------------  ---------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type              Situation previous                   Resulting situation after the triggering transaction 
 of                       to the triggering 
 shares                      transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
------------  ---------------------------------------  ----------------------------------------------------------------- 
                   Number              Number                                 Number of voting       % of voting rights 
                     of                   of                                       rights 
                   Shares               Voting 
                                        Rights 
------------  ---------------  ----------------------  ---                -----------------------  --------------------- 
                                                             Number          Direct      Indirect   Direct     Indirect 
                                                            of shares 
------------  ------  -------  -------  --------  ---  -----------------  ------------  ---------  --------  ----------- 
   ORD USD                    1,087,500 
    0.0001                       L&G                        560,300          560,300                 3.02% 
------------  ---------------------------------------  -----------------  ------------  ---------  --------  ----------- 
                       1,087,500 
                          LGIM 
 ---------------------------------------               ---  ------------  ---  -------  ---------  --------  ----------- 
                  (As on 07/08/2013) 
 ---------------------------------------               ---  ------------  ---  -------  ---------  --------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
                                                                                Number of voting 
   Type of financial              Expiration         Exercise/                  rights that may       % of voting 
   instrument                     date               Conversion Period          be                    rights 
                                                                                acquired if the 
                                                                                instrument is 
                                                                                exercised/ 
                                                                                converted. 
-----------------------------  -----------------  ---------------------------  ------------------  --------------------- 
 Warrant                                                                             362,500               1.95% 
-----------------------------  -----------------  ---------------------------  ------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 
   Type of financial     Exercise          Expiration         Exercise/      Number of voting         % of voting rights 
   instrument            price             date               Conversion     rights instrument 
                                                              period         refers to 
--------------------  ----------------  ------------------  ------------  -----------------------  --------------------- 
                                                                                                    Nominal     Delta 
--------------------  ----------------  ------------------  ------------  -----------------------  --------  ----------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                                   Percentage of voting rights 
------------------------------------------------------------------------  ---------------------------------------------- 
                                                                                               4.97% 
                                  922,800 
                                   (L&G) 
------------------------------------------------------------------------  ---------------------------------------------- 
                                                         Below 5% 
                                                          (LGIM) 
------------------------------------------------------------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------------------ 
                                         Legal & General Group Plc (Direct and Indirect) (Group) 
                                                                      (Below 5%= Total Position) 
                                        Legal & General Investment Management (Holdings) Limited 
                                                           (LGIMH) (Direct and Indirect) ( Below 
                                                                             5%= Total Position) 
                                        Legal & General Investment Management Limited (Indirect) 
                                                             (LGIM) ( Below 5% = Total Position) 
                    Legal & General Group Plc (Direct) (L&G) ( 922,800 - 4.97%=LGAS, LGPL & PMC) 
               Legal & General Investment             Legal & General Insurance Holdings Limited 
          Management (Holdings) Limited          (Direct) (LGIH) ( 560,300 - 3.01%= LGAS & LGPL) 
                                                                               (Direct) (LGIMHD) 
          Legal & General Assurance (Pensions    Legal & General Assurance Society Limited (LGAS 
                  Management) Limited (PMC)              & LGPL) ( 560,300 - 3.01%= LGAS & LGPL) 
                                                Legal & General Pensions Limited (Direct) (LGPL) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                                                  N/A 
----------------------------------------------------------------  ------------------------------ 
 11. Number of voting rights proxy holder will cease                            N/A 
  to hold: 
----------------------------------------------------------------  ------------------------------ 
 12. Date on which proxy holder will cease to hold                              N/A 
  voting rights: 
----------------------------------------------------------------  ------------------------------ 
 
                                                         Notification using the total voting 
  13. Additional information:                                 rights figure of 18,553,307 
---------------------------------------------------  ------------------------------------------- 
 14. Contact name:                                               Angela Hayter (LGIM) 
---------------------------------------------------  ------------------------------------------- 
 15. Contact telephone number:                                      020 3124 3851 
---------------------------------------------------  ------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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