21st May 2009 16:02
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:
Vernalis Plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify) : ( )
3. Full name of person(s) subject to the notification obligation:
GAM International Management Limited
4. Full name of shareholder(s) (if different from 3.) :
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
18 May 2009
6. Date on which issuer notified:
21 May 2009
7. Threshold(s) that is/are crossed or reached:
20%
8. Notified details:
Placing
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
|
|
Number of shares |
Number of voting Rights |
|
Ordinary 5p Shares (GB0032750324) |
0 |
0 |
Resulting situation after the triggering transaction
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
|
Direct |
Indirect |
Direct |
Indirect |
|
Ordinary 20p Shares (GB00B3Y5L754) |
12,660,285 |
12,660,285 |
21.78% |
||
B: Financial Instruments
Resulting situation after the triggering transaction
|
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 |
|
None |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
12,660,285 |
21.78% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
|
GAM International Management Limited is the discretionary investment manager for various fund. Aggregate holding across all fund is:
|
Shares: 12,660,285
|
Percentage held: 21.78%
|
|
Individuals funds above 3%
|
|
|
|
GAM Global Diversified
|
Shares: 2,222,500
|
Percentage held: 3.82%
|
|
SJP GAM Managed Life
|
Shares: 1,977,600
|
Percentage held: 3.40%
|
|
SJP GAM Managed Pension
|
Shares: 1,800,000
|
Percentage held: 3.10%
|
|
St James Palace Recovery Unit Trust
|
Shares: 1,807,076
|
Percentage held: 3.11%
|
Proxy Voting:
10. Name of the proxy holder:
Institutional Shareholder Services
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:
14. Contact name:
JAD Slater, Chief Operating Officer
15. Contact telephone number:
0118 977 3133.
Related Shares:
Vernalis PLC