Holding(s) in Company

RNS Number : 0323I

Microgen PLC

27 June 2013

 



27 June 2013

Microgen plc (the "Company")

Notifiable Interests

The Company received the following notice on 26 June 2013 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):
An acquisition or disposal of voting rights			YES
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): %age reduction as a result of updated TVR issued 02 Apr 2013
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 Companies Trust plc             6,283,236 2.  Aberforth UK Small Companies Fund                   533,872      3.  Aberforth Geared Income Trust plc                    1,623,000 All shares are registered in the name of Nortrust Nominees Ltd A/c Aberfrth
5. Date of the transaction and date on which the threshold is crossed or reached:	25/06/2013
6. Date on which issuer notified:	26/06/2013
7. Threshold(s) that is/are crossed or reached:	11%

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

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

Direct xi

Indirect xii

Direct

Indirect

Ordinary

9,102,550

9,102,550

8,440,108

N/A

8,440,108

N/A

10.22

GB0005869531

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

N/A

N/A

N/A

N/A

N/A

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

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

8,440,108

10.22

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Held by Aberforth Partners LLP
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:	In addition, Aberforth Partners LLP is interested in a further 5,952,706 shares although it does not have access to the voting rights of these shares.  Aberforth Partners LLP is, therefore, interested in a total of 14,392,814 shares of Microgen plc.  This interest arises as a result of the discretionary investment management powers that Aberforth Partners LLP can exercise over the funds of its clients.  Aberforth Partners LLP is not the beneficial owner of these shares.
14. Contact name:	Pauline Robson, Aberforth Partners LLP
15. Contact telephone number:	0131 220 0733

If you require further information please contact:

Anjum O'Neill, Company Secretary, Microgen plc                                       Tel: [phone]

www.microgen.com

 

END

 

 

HOLSEIFEWFDSEIM