Holding(s) in Company (5920K)

TIDMAKT

RNS Number : 5920K

Ark Therapeutics Group PLC

18 July 2011

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
 
 1. Identity of the issuer or the 
  underlying issuer of existing shares 
  to which voting rights are attached:                        ARK THERAPEUTICS GROUP PLC 
 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) subject                            Smith & Williamson Holdings 
  to the notification obligation:                              Limited 
                                                             ------------------------------------- 
 4. Full name of shareholder(s) (if 
  different from 3.):                                         See section 9 
                                                             ------------------------------------- 
 5. Date of the transaction and date 
  on which the threshold is crossed 
  or reached:                                                 13 July 2011 
                                                             ------------------------------------- 
 6. Date on which issuer notified:                            18 July 2011 
                                                             ------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or reached:                                                 12% 
                                                             ------------------------------------- 
 8. Notified details: 
 A: Voting rights attached to shares 
 Class/type of 
 shares if 
 possible        Situation previous 
 using the        to the triggering          Resulting situation after the triggering 
 ISIN CODE        transaction                 transaction 
                --------------------------  ------------------------------------------------------ 
                                Number 
                 Number          of          Number 
                  of             Voting      of       Number of voting 
                  Shares         Rights      shares    rights               % of voting rights 
                -------------  -----------  -------  --------------------  ----------------------- 
                                             Direct   Direct   Indirect     Direct   Indirect 
                --------  ---  -----------  -------  -------  -----------  -------  -------------- 
 Ordinary 
  GB0034251727   25,052,100     25,052,100                     25,152,100            12.02% 
                -------------  -----------  -------  -------  -----------  -------  -------------- 
 
 
 
 
 B: Financial Instruments 
 Resulting situation after the triggering transaction 
                                                   Number of 
                                                   voting 
 Type of                              Exercise/    rights 
 financial    Exercise   Expiration   Conversion   instrument   % of voting 
 instrument    price      date        period       refers to     rights 
             ---------  -----------  -----------  -----------  ---------------- 
 N/A                                                            Nominal   Delta 
             ---------  -----------  -----------  -----------  --------  ------ 
 
 Total (A+B) 
 Number of voting rights                           Percentage of voting rights 
                                                  ----------------------------- 
 25,152,100                                        12.02% 
                                                  ----------------------------- 
 9. Chain of controlled undertakings through which the voting 
  rights and/or the 
  financial instruments are effectively held, if applicable: 
 Smith and Williamson Nominees Limited, a subsidiary of Smith 
  and Williamson Investment Management Limited, a subsidiary of 
  Smith and Williamson Holdings Limited - 6,277,100 shares 
  Royal Bank of Scotland as custodian for Smith & Williamson Fund 
  Administration Ltd, a subsidiary of Smith & Williamson Investment 
  Management Limited, a subsidiary of Smith & Williamson Investment 
  Management Limited, a subsidiary of Smith & Williamson Holdings 
  Limited - 4,000,000 shares 
  BNP Paribas as custodian for Smith and Williamson Investment 
  Management Limited, a subsidiary of Smith & Williamson Holdings 
  Limited - 875,000 shares 
  BNP Paribas Securities Services as custodian for Smith & Williamson 
  Investment Management (Ireland) Limited, a subsidiary of Smith 
  & Williamson Holdings Limited - 14,000,000 shares 
 Proxy Voting: 
 10. Name of the proxy holder:                     N/A 
                                                  ----------------------------- 
 11. Number of voting rights proxy                 N/A 
  holder will cease to hold: 
                                                  ----------------------------- 
 12. Date on which proxy holder will               N/A 
  cease to hold voting rights: 
                                                  ----------------------------- 
 13. Additional information: 
                                                  ----------------------------- 
 14. Contact name:                                 Not advised 
                                                  ----------------------------- 
 15. Contact telephone number:                     Not advised 
                                                  ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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