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Holding(s) in Company

16th Mar 2010 17:36

RNS Number : 6899I
Microgen PLC
16 March 2010
 



 

Microgen plc (the "Company")

 

Notifiable Interests

 

The Company received the following notice on 15 March 2010 in compliance with the Disclosure and Transparency Rules from Aberforth Partners LLP:

 

 

 

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

 

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):

YES- TRANSFER OF VOTING RIGHTS

 

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 8,683,326
2. Aberforth UK Small Companies Fund 3,808,251
3. Aberforth Geared Capital & Income Trust plc 1,902,400
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:

 

15/03/2010

6. Date on which issuer notified:

 

15/03/2010

 

7. Threshold(s) that is/are crossed or reached:

 

17%

 

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

Direct

Direct

Indirect

Direct

Indirect

Ordinary

16,365,477

16,365,477

14,393,977

14,393,977

N/A

16.56

GB0005869531

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

Expiration date

Exercise/ Conversion Period

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

Resulting situation after the triggering transaction

 

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

 

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

 

14,393,977

16.56

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

 

 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:

 

The voting rights attached to shares beneficially held by The Church Commissioners for England ("Church") were transferred to Church with effect from today, 15 March 2010. Aberforth Partners LLP continue to manage funds for the Church on a discretionary basis.

 

In addition, Aberforth Partners LLP is interested in a further 4,240,300 shares although it does not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 18,634,277 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:

A.Siddiqi, Company Secretary Tel: 01252 772 326

www.microgen.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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