Holding(s) in Company

RNS Number : 5474W

Revolymer PLC

10 February 2017

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Revolymer plc
2 Reason for the notification (please tick the appropriate box or boxes):
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):	Acquisition of Parkwalk Advisors by IP Group plc			X
3. Full name of person(s) subject to the notification obligation: iii		IP Group plc
4. Full name of shareholder(s)  (if different from 3.):iv		See section 9
5. Date of the transaction and date on which the threshold is crossed or reached: v		1 February 2017
6. Date on which issuer notified:		9 February 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		Direct interests: unchanged Indirect interests: 4% reached Combined direct and indirect interests: 15% reached

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

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct xi

Indirect xii

Direct

Indirect

Ordinary 1p Shares

11,905,623

11,905,623

12,317,123

9,132,273

3,184,850

11.61%

4.05%

GB00B84LVH87

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

12,317,123

15.66%

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

Direct interests: IP2IPO Limited: 9,125,730 Top Technology Ventures Limited: 6,543 IP2IPO Limited and Top Technology Ventures Limited are 100%-owned subsidiaries of IP Group plc. Indirect interests: IP Venture Fund: 2,773,350 Share Nominees Limited: 411,500 IP Venture Fund is a limited partnership fund that is managed by Top Technology Ventures Limited, a 100%-owned subsidiary of IP Group plc. Share Nominees Limited is the legal nominee for shares owned by investors in certain Parkwalk Advisors Limited ("Parkwalk") EIS funds. Parkwalk has the discretion to instruct Share Nominees Limited to exercise the voting and other rights attaching to such shares. Parkwalk is a 100%-owned subsidiary of IP Group plc following its acquisition on 31 January 2017.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

This notification relates to the acquisition of Parkwalk Advisors Limited by IP Group plc. Based on 78,657,948 Ordinary Shares in issue

14. Contact name:

Greg Smith

15. Contact telephone number:

020 7444 0050

 

END

 

 

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