TR-1: Notification of Major Interest in Shares

RNS Number : 3514L

Avacta Group PLC

09 August 2013

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:ii			Avacta Group 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				X
Other (please specify):
3. Full name of person(s) subject to the notification obligation:iii		IP Group plc
4. Full name of shareholder(s)  (if different from 3.):iv		See section 9
5. Date of the transaction and date on which the threshold is crossed or reached:v		6 August 2013
6. Date on which issuer notified:		7 August 2013
7. Threshold(s) that is/are crossed or reached:vi, vii		Indirect interests: below 3% Direct interests: 27% reached Combined interests: 30% reached

8. Notified details:

A: Voting rights attached to sharesviii, ix

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 x

Direct xi

Indirect xii

Direct

Indirect

Ordinary 0.1p Shares

1,025,644,530

1,025,644,530

1,207,462,712

1,108,792,939

98,669,773

27.64%

2.46%

GB0033519546

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration datexiii

Exercise/ Conversion Periodxiv

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 Instrumentsxv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration datexvii

Exercise/ Conversion periodxviii

Number of voting rights instrument refers to

% of voting rightsxix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,207,462,712

30.10%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:xxi
Direct interests: Techtran Group Limited - 174,987,150 IP2IPO Limited -925,635,136 IP2IPO Management II Limited - 7,317,443 Top Technology Ventures Limited - 853,210 IP2IPO Limited, Techtran Group Limited and Top Technology Ventures Limited are 100% owned subsidiaries of IP Group plc. IP2IPO Management II Limited is a 100% owned subsidiary of IP2IPO Limited. Indirect interests: IP2IPO Nominees Limited - 3,536,043 IP Venture Fund - 95,133,730 IP Venture Fund is a limited partnership fund that is managed by Top Technology Ventures Limited, a 100% subsidiary of IP Group plc. IP2IPO Nominees Limited, a 100% owned subsidiary of IP2IPO Limited, is the registered holder of shares beneficially owned by current and former IP Group plc members of staff.
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:	Based on 4,011,890,369 ordinary Shares in issue
14. Contact name:	Greg Smith
15. Contact telephone number:	020 7444 0050

 

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