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SNG Synairgen Plc

6.64
-0.38 (-5.41%)
Last Updated: 08:45:41
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Synairgen Plc LSE:SNG London Ordinary Share GB00B0381Z20 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.38 -5.41% 6.64 6.00 6.98 6.66 6.64 6.66 787,151 08:45:41
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 0 -17.65M -0.0876 -0.76 13.37M

Synairgen plc Holding(s) in Company (7807C)

21/10/2020 9:45am

UK Regulatory


TIDMSNG

RNS Number : 7807C

Synairgen plc

21 October 2020

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                           Synairgen plc 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                             -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                     ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                           X 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights                                                      X 
                                                                                                     ---- 
 Other (please specify)(iii) : 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                         Bong Koh and Nimish Shah (as the 
                                                               voting members of VHCP Management 
                                                               II, LLC and VHCP Management III, 
                                                               LLC) 
 City and country of registered office                        New York, NY, U.S.A. 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                         See section 11 below 
                                                             -------------------------------------------- 
 City and country of registered office                        New York, NY, U.S.A. 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           19 October 2020 
  crossed or reached (vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               21 October 2020 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        of issuer (vii) 
                                of 8. A)           (total of 8.B 
                                                    1 + 8.B 2) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               4.64%                                      4.64%           164,910,914 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              5.91%                                      5.91% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights                             % of voting rights 
  shares             (ix) 
  ISIN code (if 
  possible) 
                           Direct                   Indirect                     Direct                  Indirect 
                     (Art 9 of Directive       (Art 10 of Directive        (Art 9 of Directive     (Art 10 of Directive 
                         2004/109/EC)              2004/109/EC)           2004/109/EC) (DTR5.1)        2004/109/EC) 
                           (DTR5.1)                 (DTR5.2.1)                                          (DTR5.2.1) 
                                           -------------------------- 
 Ordinary Shares 
  ISIN: 
  GB00B0381Z20      7,655,000                                           4.64% 
                   ----------------------  --------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                          7,655,000                                            4.64% 
                   --------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                       Number of voting                  % of voting 
  financial          date         Conversion Period               rights that may                   rights 
  instrument         (x)          (xi)                            be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   -----------  ------------------------------  --------------------------------  --------------------- 
 
 
 
                                 SUBTOTAL 8. B 1 
                                ------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/             Physical or           Number of             % of voting 
  financial     date (x)          Conversion            cash                  voting rights         rights 
  instrument                      Period (xi)           settlement 
                                                        (xii) 
              ----------------  --------------------  --------------------  -------------------- 
 
 
 
                                                       SUBTOTAL 8.B.2 
                                                      --------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer (xiii) 
 Full chain of controlled undertakings through which the voting rights                       X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (xiv) (please add additional 
  rows as necessary) 
       Name (xv)          % of voting rights      % of voting rights       Total of both if 
                            if it equals or        through financial        it equals or is 
                           is higher than the      instruments if it        higher than the 
                          notifiable threshold    equals or is higher     notifiable threshold 
                                                  than the notifiable 
                                                       threshold 
                        ----------------------  ---------------------  ------------------------ 
 Bong Koh and Nimish 
  Shah (as the voting 
  members of VHCP 
  Management II, LLC 
  and VHCP Management 
  III, LLC)                      4.64%                   N/A                     4.64% 
                        ----------------------  ---------------------  ------------------------ 
 
 Bong Koh and Nimish              N/A                    N/A                      N/A 
  Shah (as the voting 
  members of VHCP 
  Management II, LLC) 
                        ----------------------  ---------------------  ------------------------ 
 VHCP Management                  N/A                    N/A                      N/A 
  II, LLC 
                        ----------------------  ---------------------  ------------------------ 
 
 Bong Koh and Nimish              N/A                    N/A                      N/A 
  Shah (as the voting 
  members of VHCP 
  Management III, 
  LLC) 
                        ----------------------  ---------------------  ------------------------ 
 VHCP Management                  N/A                    N/A                      N/A 
  III, LLC 
                        ----------------------  ---------------------  ------------------------ 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                                ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                ----------------------------------------------- 
 
 11. Additional information (xvi) 
 Bong Koh and Nimish Shah are the voting members of VHCP Management II, 
  LLC and VHCP Management III, LLC. 
 
  VCHP Management II, LLC is the general partner of Venrock Healthcare 
  Capital Partners II, L.P. and manager of VHCP Co-Investment Holdings 
  II, LLC , each of which holds shares in Synairgen plc falling below the 
  notifiable threshold. 
 
  VHCP Management III, LLC is the general partner of Venrock Healthcare 
  Capital Partners III, L.P. and manager of VHCP Co-Investment Holdings 
  III, LLC, each of which holds shares in Synairgen plc falling below the 
  notifiable threshold. 
 
  All percentages are based on the notified current issued share capital 
  of Synairgen plc of 164,910,914 ordinary shares. 
 
 
 
 Place of completion   New York, NY, U.S.A. 
 Date of completion    21 October 2020 
                      --------------------- 
 

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END

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(END) Dow Jones Newswires

October 21, 2020 04:45 ET (08:45 GMT)

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