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 |
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2. Reason for the notification (please state Yes/No): |
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An acquisition or disposal of voting rights: ( Yes ) |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) |
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An event changing the breakdown of voting rights: ( ) |
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Other (please specify) : ( ) |
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3. Full name of person(s) subject to the notification obligation (iii): BlackRock, Inc. |
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4. Full name of shareholder(s) (if different from 3.) (iv): N/A |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 20 April 2009 |
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6. Date on which issuer notified: 21 April 2009 |
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7. Threshold(s) that is/are crossed or reached: Holding has gone above 14% |
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8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
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Number of shares |
Number of voting Rights (viii) |
GB00B128J450 |
34,967,902 |
34,967,902 |
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Resulting situation after the triggering transaction (vii) |
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Class/type of shares if possible |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
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Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
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GB00B128J450 |
N/A |
N/A |
35,137,370 |
N/A |
14.04% |
B: Financial Instruments |
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Resulting situation after the triggering transaction (xii) |
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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 |
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N/A |
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Total (A+B) |
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Number of voting rights |
% of voting rights |
35,137,370 |
14.04% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): BlackRock Investment Management (UK) Limited - 35,137,370 (14.04%) |
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 |