Microgen plc (the "Company")
Notifiable Interests
The Company received the following notice on 12 November 2009 in compliance with the Disclosure and Transparency Rules from Aberforth Partners LLP:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Microgen PLC |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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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: |
Aberforth Partners LLP |
4. Full name of shareholder(s) (if different from 3.): |
Shareholder Shares
1. Aberforth Smaller 2. Aberforth UK Small 3. The Church Commissioners
1,2,4 = registered in the name of Nortrust Nominees Ltd A/c Aberfrth, 3 = The Church Commissioners for England (Chase GIS) Nominees Ltd
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5. Date of the transaction and date on which the threshold is crossed or reached: |
10/11/2009 |
6. Date on which issuer notified: |
11/11/2009 |
7. Threshold(s) that is/are crossed or reached: |
20% |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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Ordinary |
17,740,977 |
17,740,977 |
17,205,077 |
N/A |
17,205,077 |
N/A |
19.80 |
GB0005869531 |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
N/A |
N/A |
N/A |
N/A |
N/A |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights |
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N/A |
N/A |
N/A |
N/A |
N/A |
Nominal |
Delta |
N/A |
N/A |
Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
17,205,077 |
19.80 |
9. Chain of controlled undertakings through which the voting rights and/or the |
Held by Aberforth Partners LLP |
In addition, Aberforth Partners LLP is interested in a further 2,629,200 shares although we do not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 19,834,277 shares of the above company. This interest arises as a result of the discretionary investment management powers that we can exercise over the funds of our clients. Aberforth Partners LLP is not the beneficial owner of these shares.
Proxy Voting: |
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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: |
Pauline Robson, Aberforth Partners LLP |
15. Contact telephone number: |
0131 220 0733 |