Intl. Biotechnology Trust PLC Holding(s) in Company (4027O)

TIDMIBT TIDMPRU

RNS Number : 4027O

Intl. Biotechnology Trust PLC

08 February 2016

 
                                       TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------------ 
 1. Identity of the issuer or                                                           International Biotechnology 
  the underlying issuer                                                                          Trust PLC 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
--------------------------------------------------------------------------  -------------------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
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 An acquisition or disposal of voting rights 
-------------------------------------------------------------------------------------------------------------------  --------- 
 An acquisition or disposal of qualifying financial                                                                      X 
  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)                                                   Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
----------------------------------------------------------  ------------------------------------------------------------------ 
 4. Full name of shareholder(s)                                                       Prudential plc 
  (if different from 3.):(iv)                                                 The Prudential Assurance Company 
                                                                                          Limited 
----------------------------------------------------------  ------------------------------------------------------------------ 
 5. Date of the transaction                                                          05 February 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
----------------------------------------------------------  ------------------------------------------------------------------ 
 6. Date on which issuer                                                             08 February 2016 
  notified: 
----------------------------------------------------------  ------------------------------------------------------------------ 
 7. Threshold(s) that is/are                                                            See item 13 
  crossed or 
  reached: (vi, vii) 
----------------------------------------------------------  ------------------------------------------------------------------ 
 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                % of voting 
                         of               of                of shares         voting                   rights (x) 
                         Shares           Voting                              rights 
                                          Rights 
-------------------    ---------------  ----------------  ----------------  -----------------------  ------------------------- 
                                                           Direct            Direct     Indirect      Direct        Indirect 
                                                                             (xi)        (xii) 
-------------------      -----------      ------------    ----------------  ---------  ------------  ------------  ----------- 
 
      ORD GBP0.25 
      GB0004559349        1,560,695         1,560,695         1,618,841         0        1,618,841         0          4.13% 
---------------------  ---------------  ----------------  ----------------  ---------  ------------  ------------  ----------- 
 
 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                rights 
                           (xiii)           Period (xiv)                        may be 
                                                                                acquired if 
                                                                                the 
                                                                                instrument 
                                                                                is 
                                                                                exercised/ 
                                                                                converted. 
-----------------------  ---------------  ----------------------------------  -------------------------  --------------------- 
      ORD GBP0.25                                                                       4,892                    0.01% 
      GB0004559349 
    (Right of Recall) 
-----------------------  ---------------  ----------------------------------  -------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial    Exercise         Expiration        Exercise/           Number of voting           % of voting 
  instrument          price            date              Conversion           rights instrument          rights (xix, 
                                       (xvii)            period               refers to                  xx) 
                                                         (xviii) 
-------------------  ---------------  ----------------  ------------------  -------------------------  ----------------------- 
                                                                                                        Nominal       Delta 
-------------------  ---------------  ----------------  ------------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ---------------------------------------------------------------- 
 1,623,733                                                     4.14% 
------------------------------------------------------------  ---------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------------------------------ 
 
   Prudential Plc (Parent Company) - 1,623,733 (4.14%) 
   The Prudential Assurance Company Limited (Wholly owned 
   subsidiary of Prudential Plc) - 1,623,733 (4.14%) 
------------------------------------------------------------------------------------------------------------------------------ 
 
 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 

February 08, 2016 08:33 ET (13:33 GMT)

  cease to hold 
  voting rights: 
-------------------------------------------------------------------------------------  --------------------------------------- 
 
 
  13. Additional information:                Prudential plc has moved from 3% 
                                             to a 4% indirect notifiable interest, 
                                             excluding the right of recall under 
                                             the Qualifying Financial Instruments. 
----------------------------------------  ------------------------------------------------------------------------------------ 
 14. Contact name:                         Ravi Patel / Owen Smith / James 
                                            Todd 
                                            M&G Investment Management Limited 
----------------------------------------  ------------------------------------------------------------------------------------ 
 15. Contact telephone                     020 7004 4177 / 020 7004 4517 / 
  number:                                   020 7548 2293 
----------------------------------------  ------------------------------------------------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 08, 2016 08:33 ET (13:33 GMT)