15 September 2014
Microgen plc (the "Company")
Notifiable Interests
The Company received the following notice on 15 September 2014 in compliance with the Disclosure and Transparency Rules from Aberforth Partners LLP:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
|
|
|
||
1. Identity of the issuer or the underlying issuer |
Microgen 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 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 |
Aberforth Partners LLP |
||
4. Full name of shareholder(s) |
Shareholder: Shares: 1. Aberforth Smaller Companies Trust plc 7,171,036 2. Aberforth UK Small Companies Fund 1,144,872 3. Aberforth Geared Income Trust plc 1,683,800
All shares are registered in the name of Nortrust Nominees Ltd A/c Aberfrth |
||
5. Date of the transaction and date on |
10/09/2014 |
||
6. Date on which issuer notified: |
11/09/2014 |
||
7. Threshold(s) that is/are crossed or |
13% |
||
8. Notified details: |
||||||||||||||||
A: Voting rights attached to shares |
||||||||||||||||
Class/type of
|
Situation previous |
Resulting situation after the triggering transaction |
||||||||||||||
Number |
Number |
Number |
Number of voting |
% of voting rights x |
||||||||||||
Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
||||||||||||
Ordinary |
9,551,608 |
9,551,608 |
9,999,708 |
N/A |
9,999,708 |
N/A |
13.41 |
|||||||||
GB0005869531 |
||||||||||||||||
|
||||||||||||||||
B: Qualifying Financial Instruments |
||||||||||||||||
Resulting situation after the triggering transaction |
||||||||||||||||
Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
||||||||||||
N/A |
N/A |
N/A |
N/A |
N/A |
||||||||||||
|
||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
||||||||||||||||
Resulting situation after the triggering transaction |
||||||||||||||||
Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
|
% of voting rights xix, xx
|
|||||||||||
N/A |
N/A |
N/A |
N/A |
N/A |
Nominal |
Delta |
||||||||||
N/A |
N/A |
|||||||||||||||
|
||||||||||||||||
Total (A+B+C) |
||||||||||||||||
Number of voting rights |
Percentage of voting rights |
|||||||||||||||
9,999,708 |
13.41 |
|||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the |
||
Held by Aberforth Partners LLP
|
||
|
||
Proxy Voting: |
||
10. Name of the proxy holder: |
N/A |
|
11. Number of voting rights proxy holder will cease |
N/A |
|
12. Date on which proxy holder will cease to hold |
N/A |
|
|
||
|
In addition, Aberforth Partners LLP is interested in a further 5,778,106 shares although it does not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 15,777,814 shares of Microgen plc. This interest arises as a result of the discretionary investment management powers that Aberforth Partners LLP can exercise over the funds of its clients. Aberforth Partners LLP is not the beneficial owner of these shares. |
|
14. Contact name: |
Pauline Robson, Aberforth Partners LLP |
|
15. Contact telephone number: |
0131 220 0733 |
|
If you require further information please contact:
Anjum O'Neill, Company Secretary, Microgen plc Tel: 020 7496 8100