23rd Jan 2015 13:17
23 January 2015
Microgen plc (the "Company")
Notifiable Interests
The Company received the following notice on 22 January 2015 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 issuerof existing shares to which voting rights areattached: | 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) | |||
3. Full name of person(s) subject to thenotification obligation: | Aberforth Partners LLP | ||
4. Full name of shareholder(s) (if different from 3.): | Shareholder: Shares: 1. Aberforth Smaller Companies Trust plc 7,548,531 2. Aberforth UK Small Companies Fund 1,196,872 3. Aberforth Geared Income Trust plc 1,766,000
All shares are registered in the name of Nortrust Nominees Ltd A/c Aberfrth | ||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 21/01/2015 | ||
6. Date on which issuer notified: | 22/01/2015 | ||
7. Threshold(s) that is/are crossed orreached: | 14% | ||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares | ||||||||||||||||
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 | ||||||||||||
Ordinary | 9,999,708 | 9,999,708 | 10,511,403 | N/A | 10,511,403 | N/A | 14.09 | |||||||||
GB0005869531 | ||||||||||||||||
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 | ||||||||||||
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 financialinstrument | 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 | |||||||||||||||
10,511,403 | 14.09 | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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 ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: | In addition, Aberforth Partners LLP is interested in a further 5,516,411 shares although it does not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 16,027,814 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: 020 7496 8100
www.microgen.com
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Aptitude