Holding(s) in Company

For filings with the FCA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        

 

1. Identity of the issuer or the underlying issuer of existing shares The Biotech Growth
to which voting rights are attached:ii                                    Trust PLC     
                                                                                        

 

2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        

 

An acquisition or disposal of voting rights                                          Yes
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result      No 
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to            No 
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                     No 
                                                                                        
Other (please specify):                                                              No 
                                                                                        

 

3. Full name of person(s) subject to the notification        Reliance Mutual Insurance  
obligation:iii                                                    Society Limited       
                                                                                        
4. Full name of shareholder(s)  (if different from 3.):iv                               
                                                                                        
5. Date of the transaction and date on which the threshold       24 February 2014       
is crossed or reached: v                                                                
                                                                                        
6. Date on which issuer notified:                                28 February 2014       
                                                                                        
7. Threshold(s) that is/are crossed or reached: vi, vii                 5%              
                                                                                        


 

8. Notified details:
A: Voting rights attached to shares viii, ix

 

Class/type of      Situation previous              Resulting situation after            
shares              to the triggering                   the triggering                  
                       transaction                        transaction                   
                                                                                        
if possible using             Number                     Number            % of voting  
the ISIN CODE       Number      of      Number             of               rights x    
                      of      Voting      of             voting                         
                    Shares    Rights    shares           rights                         
                                                                                        
                                        Direct   Direct xi Indirect xii  Direct Indirect
                                                                                        
     Ordinary                                                                           
                   3,454,450 3,454,450 3,454,450 3,454,450      n/a      5.01%    n/a   
GB0000385517                                                                            
                                                                                        

 

B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        

 

Type of financial  Expiration       Exercise/           Number of voting    % of voting 
    instrument     date xiii  Conversion Period xiv    rights that may be      rights   
                                                        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 financial  Exercise Expiration    Exercise/    Number of voting    % of voting  
    instrument      price    date xvii   Conversion   rights instrument  rights xix, xx 
                                        period xviii      refers to                     
                                                                                        
                                                                                        
                                                                                        
                                                                         Nominal  Delta 
                                                                                        
                                                                                        
                                                                                        

 

Total (A+B+C)                                                                           
                                                                                        

 

        Number of voting rights                    Percentage of voting rights          
                                                                                        
                  3,454,450                                   5.01%                     
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        

 

Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                       n/a 
                                                                                        
11. Number of voting rights proxy holder will cease to hold:                        n/a 
                                                                                        
12. Date on which proxy holder will cease to hold voting rights:                    n/a 
                                                                                        

 

13. Additional information:         Voting rights based on 68,886,347 shares in issue   
                                                                                        
14. Contact name:                                      Ebru Smith                       
                                                                                        
15. Contact telephone number:                         01892 773 219