9th Nov 2015 17:10
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Plethora Solutions Holdings plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | x | |||
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): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Baker Bros. Advisors LP | |||
4. Full name of shareholder(s) (if different from 3.):iv | Baker Brothers Life Sciences, L.P. and 667, L.P. | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | November 5, 2015 | |||
6. Date on which issuer notified: | November 9, 2015 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | Below 8% | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB00B06GL868 | 66,631,385 | 66,631,385 | 65,381,385 | 35,381,385 | 7.94% | |||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
Warrant to purchase ordinary shares at £0.15 | September 19, 2019 | 5 years | 28,619,528 | 3.36% | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | 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 | |||||||||||||||
Number of voting rights 94,000,913 | Percentage of voting rights 11.03%* | |||||||||||||||
*Denominator includes 823,297,685 shares outstanding along with 28,619,528 warrants
as converted to common stock
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Baker Bros. Advisors LP (the "Adviser") is the investment adviser of Baker Brothers Life Sciences, L.P., and 667, L.P. (collectively, the "Funds") and, pursuant to management agreements between the Adviser, the Funds and the respective general partners of the Funds, has complete and unlimited discretion and authority with respect to the Funds' investments and voting power over investments. | ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | Alexandra A. Toohey, Chief Financial Officer | |
15. Contact telephone number: | +1-212-339-5690 | |
Related Shares:
Plethora Solutions Holdings Plc