8th Jun 2017 14:32
8 June 2017
Motif Bio plc("Motif Bio" or the "Company")
Notification of change in holding of significant shareholder
Motif Bio plc (AIM: MTFB), the clinical stage biopharmaceutical company specialising in developing novel antibiotics, announces that it was informed on 7 June 2017 by Aviva plc & its subsidiaries ("Aviva") that as at 6 June 2017 Aviva's direct interest in shares in the Company had changed. Aviva's total interest in the Company including its non-disclosable (indirect) position remains unchanged at 8,924,647 shares (4.5%). The full TR-1 disclosure is set out below. 
 For further information, please contact: 
 
 
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 
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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii  | Motif Bio 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):  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3. Full name of person(s) subject to thenotification obligation: iii  | Aviva plc & its subsidiaries  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4. Full name of shareholder(s) (if different from 3.):iv  | Registered Holder: 
 Available on Request 3,444* 
 Chase (GA Group) Nominees Limited 3,354,076* 
 HSBC Global Custody Nominee (UK) Limited 1,162,092* 
 State Street Nominees Limited 103,780* 
 *denotes direct interest 
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5. Date of the transaction and date onwhich the threshold is crossed orreached: v  | 06 June 2017  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
6. Date on which issuer notified:  | 07 June 2017  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
7. Threshold(s) that is/are crossed orreached: vi, vii  | 
 >3% to 
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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  | |||||||
 Ordinary Shares 
 GB00BVVT4H71  | 6,895,922*  | 6,895,922*  | 4,623,392  | 4,623,392  | ** Not Disclosable  | 2.36%  | ** Not Disclosable  | ||||
 *Includes Right to Recall Loaned Shares (1,000,006) 
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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  | |||||||
RIGHT TO RECALL LOANED SHARES  | N/A  | N/A  | 
 2,500,006* 
 *Direct interest 
  | 1.27%  | |||||||
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 
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  | Nominal  | Delta  | ||||
 
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Total (A+B+C)  | |
Number of voting rights  | Percentage of voting rights  | 
7,123,398  | 3.63%  | 
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi  | ||
The voting rights are managed and controlled by Aviva Investors Global Services Limited & Friends Provident International Limited, with the following chain of controlled undertakings:- 
 Aviva Investors Global Services Limited: · Aviva plc (Parent Company) · Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) · Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited) · Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited) 
 Friends Provident International Limited: · Aviva plc (Parent Company) · Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) · Friends Provident International Limited (wholly owned subsidiary of Aviva Group Holdings Limited) 
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Proxy Voting:  | ||
10. Name of the proxy holder:  | See Section 4  | |
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:  | Figures are based on the revised total number of voting rights of 196,212,108 as per the Company's Exercise of Warrants and Issue of Equity announcement of 2 May 2017. 
 ** Although not reportable, as per DTR5.1.5,the non-disclosable (indirect) position is currently 1,801,249 shares, and is included here in the interests of transparency. 
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14. Contact name:  | Neil Whittaker, Aviva plc  | |
15. Contact telephone number:  | 01603 684420  | |
Related Shares:
AvivaMTFB.L