Holding(s) in Company

RNS Number : 3920B

Intl. Biotechnology Trust PLC

06 January 2015

 



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): Update to Total Voting Rights figure (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):

See attached schedule

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

02 January 2015

6. Date on which issuer notified:

05 January 2015

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	1,702,852	1,702,852

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	1,702,852	1,702,852	0	4.02%	0

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
1,702,852	4.02%

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

Prudential Plc (Parent Company)

The Prudential Assurance Company Limited (Wholly owned subsidiary of Prudential Plc)

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:

As per 5.1.2, the non-exempt holdings for Prudential plc have moved from 3% to a 4% threshold triggering this notification.

14. Contact name:

Owen Smith / James Todd

M&G Investment Management Limited

15. Contact telephone number:

020 7004 4517 / 020 7548 2979

Date: 6 JANUARY 2015

Notifiable Position Report for

INTL BIOTECH TRUST

as at 02 January 2015

Percentage holdings are calculated using 42,292,663 Total Voting Rights

	Registered Holder	Holding	Voting Rights	% Voting Rights
Prudential plc			1,702,852	4.02	Total Notifiable Interest
Holding Type : Direct
	PRUCLT HSBC GIS NOM(UK) PAC AC	1,689,676	1,689,676
	PRUCLT HSBC GIS NOM(UK) PPL AC	13,176	13,176
	Sub Total :	1,702,852	1,702,852
The Prudential Assurance Company Limited			1,702,852	4.02
	PRUCLT HSBC GIS NOM(UK) PAC AC	1,689,676	1,689,676
	PRUCLT HSBC GIS NOM(UK) PPL AC	13,176	13,176

End of Report

 

END

 

 

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