Holding(s) in Company

RNS Number : 0401Q

IP Group PLC

02 April 2009

 



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): IP Group Plc
2. Reason for the notification (please state Yes/No):
An acquisition or disposal of voting rights: ( )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify) : Transfer of FSA registration to a new entity within the group of companies controlled by or affiliated with the Tudor Group. Adjustment in the size of the holding is due to disclosure by the administrators of Lehman Brothers International (Europe) that certain holdings within this name were rehypothecated.
3. Full name of person(s) subject to the notification obligation (iii): The Tudor Group (Tudor Capital Europe LLP) The Tudor BVI Global Portfolio L.P
4. Full name of shareholder(s) (if different from 3.) (iv): LBPB Nominees Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 1 April 2009
6. Date on which issuer notified: 2 April 2009
7. Threshold(s) that is/are crossed or reached: 3%
8. Notified details:
A: Voting rights attached to shares
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)
GB00B128J450	11,276,445	11,276,445

Resulting situation after the triggering transaction (vii)
Class/type of shares if possible       using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect
GB00B128J450			Below 3%		Below 3%

B: Financial Instruments
Resulting situation after the triggering transaction (xii)
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

Total (A+B)
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 (xv): The Tudor BVI Global Portfolio L.P. is an investment fund advised by members of the Tudor Group of companies. The Tudor Group is making the disclosure on behalf of the investment manager.   The Tudor BVI Global Portfolio L.P. - Below 3%

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: Greg Smith

15. Contact telephone number: 0845 074 2929

 

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