Holding(s) in Company

RNS Number : 0507N

Microgen PLC

03 June 2010

 



3 June 2010

Microgen plc (the "Company")

Notifiable Interests

The Company received the following notice on 3 June 2010 in compliance with the Disclosure and Transparency Rules from Highclere International Investors Ltd:

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Microgen plc

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 specify):

3. Full name of person(s) subject to the notification obligation:	Highclere International Investors Ltd
4. Full name of shareholder(s) (if different from 3.):	The Highclere International Investors International Smaller Companies Fund The Highclere (Jersey) International Investors Smaller Companies Fund
5. Date of the transaction and date on which the threshold is crossed or reached:	1 June 2010
6. Date on which issuer notified:	3 June 2010
7. Threshold(s) that is/are crossed or reached:	Above 3%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights
			Direct	Direct	Indirect	Direct	Indirect
Ord 5p Shares	2,479,284	2,479,284	2,626,398	2,626,398		3.02%
GB0005869531

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
2,626,398	3.02%

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

Not Applicable.

Proxy Voting:
10. Name of the proxy holder:	Highclere International Investors Ltd
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:	Highclere International Investors Ltd ("Highclere") acts as an investment manager for the clients detailed in Questions 4 above ("Clients").  In acting for its Clients, Highclere is given full discretion over its Client's investments and are empowered to vote on their Clients' behalf.  However, it does not act as its Clients' custodian and therefore shares are not held in Highclere's name but in the nominee name of their Client's custodian bank.
14. Contact name:	Fergus Gilmour, Compliance Officer
15. Contact telephone number:	0207-258-9845

If you require further information please contact:

A. Siddiqi, Company Secretary                                       Tel: [phone]

www.microgen.com

 

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