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): Corporate buybacks (X)
3. Full name of person(s) subject to the notification obligation (iii):
South Yorkshire Pensions Authority
4. Full name of shareholder(s) (if different from 3.) (iv):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
15 October 2014
6. Date on which issuer notified:
N/A
7. Threshold(s) that is/are crossed or reached (vi, vii):
3%
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 |
2,000,000 |
2,000,000 |
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 |
2,000,000 |
2,000,000 |
n/a |
3.77% |
n/a |
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 |
2,000,000 |
3.77% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi):
N/A
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:
N/A
14. Contact name:
J N Hattersley
15. Contact telephone number:
01226 772873
Date: 17 OCTOBER 2014