16th Apr 2010 15:46
For immediate release |
16 April 2010 |
Neuropharm Group plc
("Neuropharm" or the "Company")
TR-1: Notification of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Neuropharm Group plc |
2. Reason for the notification |
|
An acquisition or disposal of voting rights |
Yes |
3. Full name of person(s) subject to the notification obligation: |
Lloyds Banking Group plc |
4. Full name of shareholder(s) (if different from 3.): |
See Section 9. |
5. Date of the transaction and date on which the threshold is crossed or reached: |
14 April 2010 |
6. Date on which issuer notified: |
15 April 2010 |
7. Threshold(s) that is/are crossed or reached: |
Direct/indirect holdings decreased to below 9% |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares Direct |
Number of voting rights |
% of voting rights |
||||
Direct |
Indirect |
Direct |
Indirect |
|||||
Ord 10p Shares |
3,036,616 |
3,036,616 |
1,320,452 |
1,320,452 |
1,499,622 |
4.187% |
4.755% |
|
GB00B1NPJJ01 |
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B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
|
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Exercise price |
Expiration date |
Number of voting rights instrument refers to
|
% of voting rights
|
|
|
|
|
|
Total (A+B+C) |
|
Number of voting rights |
% of voting rights |
2,820,074 |
8.942% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
2,820,062 shares (8.942%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct/Indirect Interests). Within these holdings, 1,305,727 shares (4.140%) are managed on behalf of Clerical Medical Investment Group Limited, a wholly owned subsidiary of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc, These holdings are therefore disclosed as an overall Direct Interest. |
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: |
Notification using the Total Voting Rights figure of 31,536,697 |
14. Contact name: |
Matthew Wilson |
15. Contact telephone number: |
0113 235 7729 |
Related Shares:
Lloyds