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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sarossa | LSE:SARS | London | Ordinary Share | JE00BKWBZV64 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.52 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSARS
RNS Number : 9452N
Sarossa PLC
21 May 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) -------------------------------------------------- 1. Identity of the issuer or Sarossa 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 Increase due to company share buyback specify): program --------------------------------------------------------- ------------------------------------------ 3. Full name of person(s) BVF Partners, L.P. subject to the BVF, Inc. notification obligation: Mark N. Lampert (iii) ----------------------------------------------------------- -------------------------------------------- 4. Full name of shareholder(s) (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 7% to under 3% 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) --------------- ----------- ------------ ------------ ------- ------------ -------- --------- JE00BKWBZV64 44,771,610 44,771,610 <3% <3% <3% ----------- ------------ ------------ ------- ------------ -------- --------- 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 ------------------------------------------ -------------------------------------------------------- <3% <3% ------------------------------------------ -------------------------------------------------------- 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: (xxi) ----------------------------------------------------------------------------------- BVF Partners, L.P. is the investment manager of 5 undertakings for collective investment (Biotechnology Value Fund, L.P., Biotechnology Value Fund II, L.P., BVF Investments, L.L.C., Investment 10, L.L.C., and MSI BVF SPV, L.L.C.) and is authorized to exercise the voting rights at its discretion, in the absence of specific instructions from any of the undertakings for collective investment. BVF, Inc., as its General Partner, may be deemed to control BVF Partners, L.P. Mark N. Lampert, as a director and officer, may be deemed to control BVF, Inc. 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: Spike Loy ------------------------------------------------------------------ --------------- 15. Contact telephone number: (415) 525-8890 ------------------------------------------------------------------ ---------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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