TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (6582F)

TIDMPROV

RNS Number : 6582F

Proventec PLC

28 April 2011

 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the        Proventec Plc 
  underlying issuer of existing shares    GB00B2R1Q018 
  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                          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     Conversion (partially) of bonds into shares        X 
  specify): 
----------------  -----------------------------------------------  ------ 
 
 
 
 3. Full name of person(s) subject 
  to the notification obligation:       VPV Bankiers NV 
-------------------------------------  ------------------ 
 4. Full name of shareholder(s) (if 
  different from 3.): 
-------------------------------------  ------------------ 
 5. Date of the transaction and date 
  on which the threshold is crossed 
  or reached:                           1st April 2011 
-------------------------------------  ------------------ 
 6. Date on which issuer notified:      28(th) April 2011 
-------------------------------------  ------------------ 
 7. Threshold(s) that is/are crossed 
  or reached:                           25% 
-------------------------------------  ------------------ 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------ 
 Class/type of 
 shares if       Situation 
 possible        previous to the 
 using the       triggering          Resulting situation after the triggering 
 ISIN CODE       transaction          transaction 
--------------  ------------------  ------------------------------------------------ 
                          Number 
                 Number    of        Number 
                 of        Voting    of       Number of voting     % of voting 
                 Shares    Rights    shares    rights               rights 
--------------  -------  ---------  -------  -------------------  ------------------ 
                                     Direct   Direct   Indirect    Direct   Indirect 
--------------  -------  ---------  -------  -------  ----------  -------  --------- 
 GB00B2R1Q018    0        0                            9,978,543            25.08% 
                -------  ---------  -------  -------  ----------  -------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting   % of voting 
  instrument          date         Conversion   rights that may     rights 
                                   Period       be acquired if 
                                                the instrument 
                                                is exercised/ 
                                                converted. 
------------------  -----------  ------------  -----------------  ------------ 
 
 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------- 
 Type of      Exercise   Expiration   Exercise/    Number of    % of voting 
 financial     price      date        Conversion   voting        rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ---------------- 
                                                                Nominal   Delta 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 9,978,543                 25.08% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------ 
            The position is: - a result of a conversion of bonds into shares; 
            - an indirect interest within discretionary managed accounts for 
            underlying clients of VPV Bankiers NV and two investing funds 
            managed by VPV Bankiers NV; - through Paris stock exchange. 
------------------------------------------------------------------------------ 
 
 
 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:                Monique Harteveld 
-------------------------------  ------------------ 
 15. Contact telephone number:    00 31 182 597776 
-------------------------------  ------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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