Holding(s) in Company

RNS Number : 6841L

Intl. Biotechnology Trust PLC

06 September 2012

 



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

INTERNATIONAL BIOTECHNOLOGY TRUST PLC

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: ()

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): Due to In-Specie transfer between funds. (X)

3. Full name of person(s) subject to the notification obligation (iii):

Prudential plc group of companies

4. Full name of shareholder(s) (if different from 3.) (iv):

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

4 September 2012

6. Date on which issuer notified:

5 September 2012

7. Threshold(s) that is/are crossed or reached (vi, vii):

See item 13

8. Notified details:

A: Voting rights attached to shares (viii, ix)

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction (vi)
	Number of shares	Number of voting Rights (viii)
Ordinary Shares GB0004559349	1,854,405	1,854,405

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights (x)
		Direct (xi)	Indirect (xii)	Direct	Indirect
Ordinary Shares GB0004559349	Below 3%	Below 3%		Below 3%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A	N/A	N/A	N/A	N/A

C: Financial Instruments with similar economic effect to Qualify Financial Instruments (xv, xvi)

Resulting situation after the triggering transaction

Type of financial instrument	Exercise price	Exercise date xvii	Exercise/Conversion Period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta
N/A	N/A	NA	N/A	N/A	N/A	N/A

Total (A+B+C)

Number of voting rights	% of voting rights
Below 3%	Below 3%

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:

Following an In-Specie transfer, there has been a change of interest in the exempt holdings which do not have a notifiable interest.

As per 5.1.2, the non-exempt holdings for Prudential plc have moved below a 3% threshold triggering this notification.

14. Contact name:

James Todd/Mark Thomas

M&G Investment Management Limited

15. Contact telephone number:

020 7548 2979/020 7548 3266

Date: 6 SEPTEMBER 2012

 

END

 

 

HOLUNRORUOAKRAR