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:
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 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
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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)
| |||||||||||
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
| |
| Nominal | Delta | ||||
|
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)
| ||
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.
| |
14. Contact name: | Neil Whittaker, Aviva plc | |
15. Contact telephone number: | 01603 684420 | |
Related Shares:
AvivaMTFB.L