TR-1: notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Phytopharm plc |
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2. Reason for the notification (please tick the appropriate box or boxes) |
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An acquisition or disposal of voting rights |
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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): Placing and a change in the ISC |
X |
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3. Full name of person(s) subject to the notification obligation: |
Gartmore Investment Limited |
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4. Full name of shareholder(s) (if different from 3.): |
See 9 |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different) |
31 December 2009 |
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6. Date on which issuer notified: |
4 January 2010 |
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7. Threshold(s) that is/are crossed or reached: |
7% |
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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 |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct x |
Indirect xi |
Direct |
Indirect |
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Ordinary 1 Pence GB0006869720 |
10,530,299 |
10,530,299 |
23,348,755 |
Nil |
25,348,755 |
Nil |
7.312% |
B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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Total (A+B) |
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Number of voting rights |
% of voting rights |
25,348,755 |
7.312% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Name of the Company/Fund |
Number of Shares |
% of issued share capital |
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Gartmore Fund Managers Ltd A/C Gartmore UK & Irish Smaller Companies |
2,106,746 |
0.608% |
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Gartmore Investment Limited - Gartmore Fledgling Trust plc |
21,376,704 |
6.166% |
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Gartmore Investment Limited - Strathclyde Pension Fund |
1,865,305 |
0.538% |
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Total direct |
Nil |
Nil |
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Total Indirect |
25,348,755 |
7.312% |
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Total |
25,348,755 |
7.312% |
Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
Notification using the total voting rights figure of 346,677,433 |
14. Contact name: |
Zoe McGowan, Company Secretary |
15. Contact telephone number: |
01480 437697 |