6th Jan 2015 10:30
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
INTERNATIONAL BIOTECHNOLOGY TRUST PLC
2. Reason for the notification (please place an X inside the appropriate bracket/s):
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): Update to Total Voting Rights figure (X)
3. Full name of person(s) subject to the notification obligation (iii):
Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.) (iv):
See attached schedule
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
02 January 2015
6. Date on which issuer notified:
05 January 2015
7. Threshold(s) that is/are crossed or reached (vi, vii):
See Item 13
8. Notified details:
A: Voting rights attached to shares (viii, ix)
Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction (vi) | |
Number of shares | Number of voting Rights (viii) | |
Ordinary Shares GB0004559349 | 1,702,852 | 1,702,852 |
Resulting situation after the triggering transaction (vii)
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights (x) | ||
Direct (xi) | Indirect (xii) | Direct | Indirect | ||
Ordinary Shares GB0004559349 | 1,702,852 | 1,702,852 | 0 | 4.02% | 0 |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument | Expiration Date (xiii) | Exercise/Conversion Period/ Date (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 Qualify Financial Instruments (xv, xvi)
Resulting situation after the triggering transaction
Type of financial instrument | Exercise price | Exercise date xvii | Exercise/Conversion Period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |
Nominal | Delta | |||||
N/A | N/A | NA | N/A | N/A | N/A | N/A |
Total (A+B+C)
Number of voting rights | % of voting rights |
1,702,852 | 4.02% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi):
Prudential Plc (Parent Company)
The Prudential Assurance Company Limited (Wholly owned subsidiary of Prudential Plc)
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:
As per 5.1.2, the non-exempt holdings for Prudential plc have moved from 3% to a 4% threshold triggering this notification.
14. Contact name:
Owen Smith / James Todd
M&G Investment Management Limited
15. Contact telephone number:
020 7004 4517 / 020 7548 2979
Date: 6 JANUARY 2015
Notifiable Position Report for
INTL BIOTECH TRUST
as at 02 January 2015
Percentage holdings are calculated using 42,292,663 Total Voting Rights
Registered Holder | Holding | Voting Rights | % Voting Rights | ||
Prudential plc | 1,702,852 | 4.02 | Total Notifiable Interest | ||
Holding Type : Direct | |||||
PRUCLT HSBC GIS NOM(UK) PAC AC | 1,689,676 | 1,689,676 | |||
PRUCLT HSBC GIS NOM(UK) PPL AC | 13,176 | 13,176 | |||
Sub Total :
| 1,702,852 | 1,702,852 | |||
The Prudential Assurance Company Limited | 1,702,852
| 4.02 | |||
PRUCLT HSBC GIS NOM(UK) PAC AC | 1,689,676 | 1,689,676
| |||
PRUCLT HSBC GIS NOM(UK) PPL AC | 13,176 | 13,176
| |||
End of Report
Related Shares:
Int.biotech.Prudential